18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,488 Blog Posts

Who Said the Banking Crisis Was Over?

Renew the plunge. Sell all banks. Make Mr. Schwab cry.

Until we resolve the issue of FRC and PACW and other weak regionals, SCHW and friends will continue to suffer and the contagion will continue to fester. The govt needs to find buyers of these piece of shit banks and SCHW needs to figure out how to keep the plebs money in house.

I was bullish coming in, but much less so now that I see the banks are dumping out again. I am presently without hedges, but that will likely change from now to 4pm.

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One comment

  1. john galt


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