Saturday, March 06, 2010

You Have to Be INSANE to Keep $$$ in the Bank

http://market-ticker.denninger.net/archives/2049-All-You-Need-To-Know-About-Bank-Balance-Sheet-Fraud.html

And this is why the FDIC is a retarded idea in the first place. Along with fractional-reserve banking. And cheap money... etc. etc. etc.

We're so screwed.

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