Why Bank Nationalization Will Never Happen [View article]
This author makes valid points, however the aggregate losses already by share/bond holders in AIG & FRE & FNM easily have already eclipsed those of C & BAC in future terms. So, no big deal if C & BAC go the same route.
As gold continues to rise, the real collapse will be in the derivatives tied to Gold, this will be the cut, that infects the entire system. As usual the patient will be administered antibiotic too little, too late.
JPMorgan Chase: Poisoned by Bear's 5,000 Counterparties [View article]
I often ponder when/if the true liabilities of JPM or GS will ever come to be open and factual ? Can it be that the status/exclusivity of these two monsters will ever be exposed.
Weekly thinking makes me think no, unless the the whole card system implodes, at which point in time it just probably won't matter.
The Next Goldman Acquisition [View article]
Meredith Whitney Ratings [View article]
Why Bank Nationalization Will Never Happen [View article]
As gold continues to rise, the real collapse will be in the derivatives tied to Gold, this will be the cut, that infects the entire system. As usual the patient will be administered antibiotic too little, too late.
JPMorgan Chase: Poisoned by Bear's 5,000 Counterparties [View article]
Weekly thinking makes me think no, unless the the whole card system implodes, at which point in time it just probably won't matter.