2009-01-20 — ml-implode.com
"Apologies for hitting just one note today, but I thought one thing else might be said on the banking system as these stocks collapse:
Banks are “effectively insolvent.â€
FDIC doesn’t have the money to bail out the depositors of even one large failed bank.
Banks are paying 0% on liquid deposits."
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MortgageDrummer at 12:15 2009-01-21 said:
Why don't we all put our money in the mattress. . .! the banks are broke , , the mortgage broker is broker your investment broker is broker!! I'm putting my money in the mattress!!!!! Permalinkadd a comment | go to forum thread
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