Voodoo Banking

Discussion in 'Wall St. News' started by THE-BEAKER, Jul 2, 2008.

  1. great 8 page article from Satyajit Das.

    A risk consultant and author of Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives

    he writes on the banks level 1/2/3 assets and how their ability to earn money is now finished.

    hence why the banks stocks are not cheap and keep falling.