IH, I don't think it's so much a problem of bank insolvency, but FDIC insolvency. So they're prematurely taking over and selling these banks on the cheap, screwing the investors, to preserve their own gov't corruption.
hand just wanted to say i made profit on frgb thanks to your call, and was contemplating going back in on a dip but went for fsnm instead. feel really bad for the ones who were still in frgb yesterday also wanted to ask do you think there is serious risk also to FSNM of the same thing happening as what happened to frgb?
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