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.
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.