InvestorsHub Logo
Followers 75
Posts 29025
Boards Moderated 2
Alias Born 12/30/2004

Re: None

Saturday, 11/10/2007 10:44:01 AM

Saturday, November 10, 2007 10:44:01 AM

Post# of 173793
The mess at ETrade might be happening with banks every day but we are unaware of it. That would explain why Bernanke seemed so catatonic when Ron Paul was letting him have it. His mind was elsewhere.

Wachovia has a problem, to cite one example.

Here is a thought. How will these perpetual writeoffs affect the U.S. Government's tax receipts?

The housing bubble aftermath is easy to fix. People switch into fixed-rate loans while the Fed is giving them a window of opportunity before the inevitable rise in interest rates, and that is that.

But this banking crises! Sheeesh.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.