Wednesday, January 21, 2009

Watch Out For Falling Bankers!

The market capitalization of a number of major banks in the world, 2nd quarter of 2007 compared with now.

(You may not want to look if you own shares of the Royal Bank of Scotland or CitiGroup.)

It may be the entire banking system of the damn world is now insolvent.

(Heckuva job, Greenspan)

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