Check this opinion out:
Regional Banks Crushed
Especially noted this quote:
Regional Banks Crushed
Especially noted this quote:
Can you hear the helicopters warming up? I continue to scoff at 'strong dollar' talk... dollars will be printed at a massive rate to replace capital burnt into the ether. I am chuckling at all those who believe regulation is such an evil thing - the free markets solve everything. Well they are 'correct' - the free market will solve everything. But it's going to be a bloody scene as it is being solved.
The market continues to act sick and intent on testing S&P 1225 again. We still have not had that panic in the air feeling. And what a disgrace that we cannot even hold a rally when all the King's Horses and all the King's Men used our taxdollars to save Humpty again. (for a few months at least)