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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (46135)	1/10/2012 8:56:11 AM
From: Madharry	Read Replies (1) of 78615

they just had some ex cfo of chase/morgan on cnbc, who is now head of treasurey services there, and they asked him about depositors money at mf global that is rumored to be at chase. He gave a real squirmy answer- that his bank was just one lens of several and that they had given the regulators everything they had asked for. Ha Ha Ha. they asked him about the new stress tests. he said that he hopes that will restore confidence in US banks. No one bothered to ask him the follow up question like last time the banks passed stress tests the fed opened its spigots lent the banks trillions of dollars but didnt tell anyone except insiders of course until a law suit forced the disclosure. He also said that the banks are sufficiently transparent that anlaysts can do their own stress tests. Ha Ha Ha. I am putting my trust in gold and silver entities (not slv) thank you very much. The IRS is trying to uncover US citizens assets abroad. they must be getting pretty despreate to increase the revenue stream. A good friend of mine likened the economic situation in the US to being on a train that is headed for a crash. One just doesnt know when.

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