.....AT LEAST 400 BANKS ARE INSOLVENT and another 200 are grossly UNDERCAPITALIZED, in the USA................in our opinion..............
....yes, it is a MATH PROBLEM, due to rising interest rates and the banks with problems have securities on their balance sheets that are way down in value.......
....so wait it out, or panic and start seizing......????...........the FDIC has this problem.................
....and then, besides the balance sheet mis-match problem, there are billions and billions of COMMERCIAL REAL ESTATE LOANS that are going bad.....???.....and commercial banks in the USA have 50% of ALL commercial real estate loans on their books.................
.....BANKING ARMAGEDDON........or a non-issue.............????...........dunno........dun really give a damn.....(trying to merge to large banks and both are wobbling.....mightily..........)..........
....and then there is FRANKIE and his failing credit union.......FCNCA could be the first big bank to COLLAPSE..............due to the CIT exposure - - watch how fast the FDIC turns on banker frankenstein............DC EMHOFF ain't gonna be around much longer, either...................
............just pondering while we await the BIG DOLLARS on that nasty Denver THRIFT scandal............payoff gets bigger every day.........aimho............
