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RANsquawk 14th December Morning Briefing - Stocks, Bonds, FX etc. (Dubai Bailout Special)
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The only thing the Dubai situation did was trigger some stops on Friday after Thanksgiving. We are up 2 or 3% from there.
Stoke failure with debt. Great idea. Wonder how long it will take to burn through this.
http://freedomguerrilla.com/
phew, Sheila Bair sees positive signs in banking and reiterates FDIC's "strong cash position"
I was getting a little worried there. Sure glad to hear that the banking crisis is over.
Yeah, that $2.3+ billion hit to the FDIC two weeks ago was so unimportant that it did not even make the news. Some people really need to go to jail. The charge is Criminal Failure. Any bank that the FDIC has to pump over $1 million into is guilty of Criminal Failure. Any bank that the FDIC has to pump over $1 billion into is guilty of Grand Criminal Failure.
Perhaps some politician can take the lead from Hugo Chavez and have a spine. Throw the banksters in jail.
oh yeah, i forgot about greece.