BTW, the reason this hit $10 in '09 was the global financial crisis, and the world's interpretation of Obama's ability to correct it.
Thank God Ben found a printing press or we would still be worried about it. Bush's TARP did most of the hard work, but the low interest rates eventually facilitated the banks ability to pay it back.
The Big Bankers evidently understand how "easing" works on the grand scale.
One might speculate that much of Ben's injection money ended up in Russia, because of the multiples on these stocks verses the current price. They are still lacking market liquidity, which was a primary cause of our market collapse. It's not that they don't have value, it's just that nobody has the balls to buy it.
