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Non-Tech : Banks--- Betting on the recovery -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (400)4/21/2009 1:42:54 PM
From: tejek  Respond to of 1428
 
It would not surprise me if Ken Lewis ends up stepping down.

I really don't want to see the banks blow up here... not for the markets but for the economy. Scary shit if things start freezing up again.


Oh....I don't think the banks will blow up. I think what's happening is things are not as good as people started thinking they were in March. When WFC, JPM, C and BAC all said biz was up in January and Feb., that gave people some false hope. As it turns out, things were up because of one time trades/events. Going forward, it still looks like it will be a hard slog IMO.