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Insolvent Banks: Why a Debt-for-Equity Swap Won't Work

countrybanker,
Because Lehman result was a mistake! The consequences of which we are digging out of, at a far greater cost than that non-action.

Citigroup result of the same kind would make the former dilemma look like a pin-head next to a globe.

Do you get the picture or do you favor a real depression in place of the fear of one?

Insolvent Banks: Why a Debt-for-Equity Swap Won't Work

All of you nationalization freaks obviously don't understand either the US banking structure or the US impacts of nationalization. You are truly 180 thinkers here. But that's what makes a good market for the stock now!