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We've taken a Banking System and turned it into a Stock Brokerage

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Jeff_Tumbarello Category: Finance and Credit
Current Grade: B+
Total Views: 1108
Member Comments: 1
Posted on: 07/29/2009
Posted by: Jeff_Tumbarello
Blog Points: 5344
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Direct Link to the Reports Page
http://www2.fdic.gov/sdi/main4.asp

It shows what I knew had to be but just couldn't prove 'til now.

One wonders how the media Gurus can escape the obvious for so long.

Ben knows all of what's so clearly shown here, as does Sheila, therefore
there is a PLAN to ensure few others would realize just how brittle the
"new normal" is.

The shoots I see are not green, and OREO totals are just a small part of
a huge hurdle yet to be attempted.  We can't clear the small hurdle, so
in the year of "Hope and Change", I'll just hope somebody can keep the
probable "Change" I see coming from gaining ground for a while.

We've taken a Banking System and turned it into a Stock Brokerage
Operation which happens to have Banking as its funding source.  I doubt
that smooth move will turn out to have been a good idea sometime in the
future.

I've been wrong before, so I'll also hope this is just another one of
those times.
 

Current Grade: B+
Category: Finance and Credit
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Brian Lucier
Ambassador
Posted By: Brian Lucier on 07/30/2009

Looks like they want to keep this one a secret? They took down the link?