mkttrdr

How High Leverage Has Brought Down the Whole Banking Industry

Good work guys-comments are right on.
Free markets work when others don't mess with or bailout companies that are mismanaged. The FED needs to Let it be-let the banks fail.
We need 100 National regulated banks not 12,000.
Leh,mer,bs,ubs,fnm and more will fold. "we can just resell these repackaged cdo's to somebody else". If the board and directors feel that way-let their ships sink. Their greed and ability to leverage 30 times over means the end to many investors.
Thanks guys- see you in the soup lines.