More than 1,000 banks may fail

Started by veritasvincit, February 09, 2009, 07:41:22 PM

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veritasvincit

http://www.marketwatch.com/news/story/More-1000-banks-may-fail/story.aspx?guid={E2F58082-D9BB-4EBA-AEAE-2E6CEE571BD3}

according to RBC Capital analyst based on his "Texas Ratio" theory

and a funny comment by a CBS reader "I anticipate 50,000 wall street "analysts" are eliminated within the next 12 months.
- lpchad

Actually, the comments made by the readers of these stories on CBS Marketwatch are more enlightening than the stories themselves because they reveal the mindset and pulse of the average American who follow politics and economics.
Matthew 22:  36-40
Master, which is the great commandment in the law? Jesus said unto him.  Thou shalt love the Lord thy God with all thy heart, and with all thy soul, and with all thy mind.  This is the first and great commandment.  And the second is like unto it, Thou shalt love thy neighbour as thyself.  On these two commandments hang all the law and the prophets.