America's Banks: Are They Really Insolvent? [View article]
That is why you have AUCTIONS TO SELL OFF ACCESTS AND REPLACE CASH !!!!!!
On Feb 12 07:58 AM CautiousInvestor wrote:
> You should reread what Krugman and Roubini are saying. The basic > argument is that the US banking system has $1.5 trillion of equity > but is facing likely writedowns above this amount or around $1.8 > trillion. If this comes to pass, it would wipe out the equity of > US banks.
America's Banks: Are They Really Insolvent? [View article]
People are not going to buy in only to be placed in a long position by Shorts.
America's Banks: Are They Really Insolvent? [View article]
On Feb 12 07:58 AM CautiousInvestor wrote:
> You should reread what Krugman and Roubini are saying. The basic
> argument is that the US banking system has $1.5 trillion of equity
> but is facing likely writedowns above this amount or around $1.8
> trillion. If this comes to pass, it would wipe out the equity of
> US banks.
America's Banks: Are They Really Insolvent? [View article]
They were close but not now !!!!!!