LEH. BSC. MER. gone GS and MS only 2 left. GS earnings this week, should give us a clue of where they stand.
You forgot Countrywide, Thornburg a a shit load of regional banks around the country. We had a few shut down in my state in the last couple weeks.
Yeah cannot forgot those as well as the regional banks closing up. I mean in a few years this financial enema will have some good results but right now it is still brown water.
Capitulation? I don't know. If this is the bottom there is still a surreal calm to the whole affair. I mean we just reshaped 150 years of financial dominance and stability in 6 months.
If the VIX hits 35 then I will indeed close my eyes and go long calls on brokers & financials, and a crapload of Yen, bond, and gold puts.
I wish you best of luck in your future endeavours. But I suspect they won't be in the trading arena anymore.