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Message: Nine more US banks go under

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Re: Nine more US banks go under

in response to Nine more US banks go under by Bullau

posted on Oct 31, 09 08:28AM

Nothing wrong with culling the herd of mid-tier US banks. Everything is happening as it should in a global recession .... till now we've seen everytbhing propped up to avoid complete collapse, now we will have a year or so of normal recessionary recovery behaviour.

We are definitely no out of the deep water yet but ti is getting shallower.

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