Dumb and Dumber

Posted by admin | Market Commentary | Tuesday 30 June 2009

Remember the movie by that name?
FDIC is starring in the sequel.
In my last post, I talked about the necessity of dealing with the bad debt banks are holding.  Until this bad debt is cleared from the bank’s books, it’s my view economic recovery will be delayed.
A central part of Obama’s recovery plan was to help [...]

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