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To: underground

I saw negative numbers early last week.


3 posted on 04/17/2008 7:57:19 AM PDT by steve86 (Acerbic by nature, not nurture™)
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To: steve86

Yeah this chart is from the March publication. April’s numbers are even worse (you can see the non-graphical balance sheet at the link).

Normally, since the banks are bankrupt I’d advice strongly against investing in any financials. On the other hand, the Federal Reserve seems to be willing to spend as much as it takes to keep them afloat, so its becoming a government-backed asset. Weird stuff.


6 posted on 04/17/2008 8:00:02 AM PDT by underground (Viva la Socialisme Wall Street)
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