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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: James Hutton who wrote (200620)5/6/2009 3:52:43 PM
From: RockyBalboa of 306849
 
I got your message. The financial system is now in order. Shellie Bair will continue to board up some unfortunate regional banks, one or two come every friday. The taxpayer stands to gain a half trillion because the federal investments into banks pay off big time; Paulson looks like a genius already.

The sheeple and OPM funds will gobble up shares for another 5% after they run a few 100, along with half the sun state financed by Fannie and Freddie, and new shiny fiat cars (of course financed by 100% state owned GMAC)

In earnest; the stress tests amounted to nothing; while the stress test for Barclays (in the UK) was at least "unbiased" as the government has no stake in BCS... the same can not be said of the U.S. version of stress tests. They are rather a self serving tool to finally "call off" the banking crisis, notably to end "official" government support for banks. The government as owner of bank shares is biased in that it will always say, "none of our banks fails; just some of the need a little capital".
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