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Bill Black: U.S. Using "Really Stupid Strategy" to Hide Bank Losses

|Includes:KBE, SPDR S&P Regional Banking ETF (KRE), XLF

Hear an interview with Bill Black and read  Peter Gorenstein's summary at Yahoo.com Tech Ticker.  Prof. Black says we are following the "Japanese strategy".

Disclosure: No positions.

Stocks: KRE, KBE, XLF