Trading Alpha

Three TARP Banks Already Classified as Deadbeats? Uh-Oh

One only needs to follow the Case Shiller index which continues to decline at 2% per month. Measuring residential real estate values, this index is central to the balance sheet health of both the banks and American households as I have posted in my recent articles.

One more thing. Let's not give the Treasury the benefit of the doubt. They already missed this issue once - what credibility do they have that they have quickly fixed that which they did not see coming?