capital pains

Coming Soon: Banking Crisis of Historic Proportions

A great big: "So what" ? Although the article is theoretically correct, in reality market manipulators, especially Goldman and their cohorts at the Fed and Treasury will continue to foster the "house of cards" our entire economy exists upon.
Ridiculous to imagine a world without JPM, BAC and even the pathetic C. As long as the taxpayer remains the ultimate backstop for the banks, we can expect a continuation of the "throw money at it" policies of our central government and the manipulators who are making obscene fortunes.
When BAC was trading at less than $2, and doomsayers were predicting breadlines, in retrospect BAC, JPM, and god-awful C, were the trades of a lifetime. The commercial real estate market which continues to collapse has meant nothing but losses for the inverse ETF, SRS. Counterintuitive for sure, but again, reality bites.
Readers of SA are traders. As long as the "trend is your friend" and you keep tight stops in, all the written analyses in the world won't make you a dime. That's how we keep score.