Wednesday, January 21, 2009

Banking Industry needs $3.5 Trillion

The American Banking System is on the brink of collapse and in need of $3.5 trillion in order to survive. 

So if you are feeling good about Barrack Obama becoming President, read this story and you should sober you right up...

If that wasn't enough to make you believe in stock market going to lower levels, read this article about England going bankrupt. I wonder if the market priced in that?

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