Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

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)
[ Post Reply | Private Reply | To 3 | View Replies ]


To: underground
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).

April's figures are indeed impressive. They got to get a -200 grid-line added real quick. I would imagine the banks had negative reserves during the great depression too.

13 posted on 04/17/2008 9:18:19 AM PDT by bjs1779
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson