Wow these regionals need help

Discussion in 'Trading' started by athlonmank8, Nov 6, 2009.

  1. These guys are getting SMASHED.

    Gov't really needs to get on this and ignore GS and Citi's BS for a while.

    FDIC's going to have their hands full for a while.

    Only way they're going to stop crash 2.0
  2. achilles28


    Its called picking winners and losers.

    Most banks are insolvent.

    The FED extends unlimited credit to the largest, most politically-connected Banks (Citi, JPM, BoA, Goldman).

    Then, the FED denies loans to smaller/regionals. And they go under.

    Huge Banks are saved, and their competition destroyed.

    Who are the largest, most influential shareholders in the FED Reserve System, anyway????