Last Week the Markets Partied, This Week Sobriety [View article]
Thank you for confirming with fact that very little has changed. The relaxing of mark-market rules is some of the most confounding legislation ever proposed , IMHO.
Reports of Profits While Banks Fail [View article]
Thank you Mr. Browne for a very analytical post. Plausible numbers...albeit gloomy ones...I say invest in SKF and SRS for good entry and exit points...
We certainly do not need 8000 or so number of banks in the US. Consolidate, go bankcrupt, whatever...just dont become a parasite on the American taxpayer ad infinitum....
Last Week the Markets Partied, This Week Sobriety [View article]
Reports of Profits While Banks Fail [View article]
Death of the Big Bank Model [View article]