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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: Rolla Coasta who wrote (32420)	4/6/2008 3:47:08 PM
From: Lazarus_Long	Read Replies (2) of 217808

You've got to assume the FDIC is lying and there are more failures than they are reporting, there are fewer failures and the Fed, brokers, and banks are pulling a fast one for their own purposes, regulatory changes are protecting the lenders (contrary to their claims), or conditions aren't as bad as reported. Something isn't making sense here. Remember the '80s and the S&L crisis? 100's of billions. In the Great Depression the federal gov't closed the banks fot about 100 days because of foreclosures and runs. There was a question this time about how long FDIC insurance would last in the face of a series of runs. ETRADE is in trouble according to "Fortune".

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