I believe the Banks, without another Qe/Tarp are looking at no win situation... if liquidity drys up, keep your fingers crossed for a *Euro Bond* solution. There are just too many people leaving the MMFs over there.. and if no *Bond* and no IMF bailout, liquidity issues will "run" some banks. Do you believe the Fed "reclassing" assets holds a hope of enabling more overnight lending?
2009 is in the backwindow, bailouts, dilution followed, slow realization sinking in of the lower future earnings growth.. unless it's buyouts, BO of A needing to spin or just dump those wonderful "assets" bought lol, naaa, not negative at all, If I were to saynegative I would say look for a trading range of 2-4$. Positive side, maybe a miracle will happen.