Jorell

Ken Lewis Finally Gets It Right: 3 More Banking Myths to Add to His 6

So much misinformation out there, like the writer said, what does "zombie" bank mean, I guess if you keep repeating things over and over and over everyone will understand. Besides, all a scam, mark to market reinstated in 2007 at the market peak? knowing what was to come so banks would show losses and drag entire market down, down to the point that tarp was used to purchase shares in many banks, now that the damage has been done, m2m will be modified or suspended and financials will sore and who profits, who has billions in banks now? the GOVERNMENT.

Too Big Has Failed: KC Fed Prez Says We Need Temporary Nationalization

why wipe out shareholders?