GeminiAtlas

Bloomberg vs. the Fed: Secrecy and Moral Hazard

It does seem like the big banks are using (manufacturing?) this as an opportunity to shake competition down by blackmailing the federal gov't out of bailout money, ensuring their own survival while at the same time weeding out the competitive field of the smaller upstart banks. This is to increase thier market share in the future.


On Sep 01 07:41 AM nyse 30 wrote:

> big banks will win big from the collapse as they will prosper even
> when DJIA will be 5000, in the end only up to 30 banks will remain
> in US