2009-01-16ml-implode.com

"The Feds are panicked, I think, that they may actually have to nationalize these banks. So they keep throwing money at them on decent terms in order to prop up their shares. If shares stay too low for too long, counterparties get worried and stop trading with the bank, putting it out of business very quickly."



Comments: Be the first to add a comment

add a comment | go to forum thread