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To: tom pope who wrote (120673)5/12/2009 8:52:43 PM
From: axial  Respond to of 206200
 
You could be right. I don't get hooked on individuals and their analysis, mistrusting gurus. I chose her as representative of those whose analysis of the US banking system is similar.

Calculated Risk, Mish, Jesse's Café and many more have views that correspond to Baxter's; she's as good a spokesperson as any.

Collectively, do their views capture the reality? You'll decide for yourself; for me, the answer is "Yes."

Regards,

Jim