-
Font Size:
-
Print
- TweetThis
A bank failure - particularly the failure of a large bank for reasons that are not idiosyncratic - should sound alarm bells in the brain of anyone who knows the statistical distribution of bank failures. (Click chart to enlarge.)
Prediction: the chart will soon have another spike of bank failures.
One other observation: the FDIC is going to use up a huge chunk of its capital paying IndyMac claims. Expect them to raise deposit insurance premiums for other banks. This means even lower profits for banks.
Related Articles
|
























This article has 7 comments:
Look at the chart he has in his article, (does it recover -YES)
But the writers make everybody afraid of bank stocks and they sell and the market goes lower and lower
Remember buy when the market is low and hold on for the profit
How long was it down - about two years and it jumped right back up just as strong Now is the time to buy TKSK
Although the chart doesn't really show any such spike occurring now, it seems a good guess that more banks will follow.... And I'm not even sure why no-one figured that this couldn't happen... Lord knows I expected it..
Thx jegan ;-)
I sure hope he fails in re-election.....He WIPED OUT BILLIONS of equity in two short weeks