Banking Crisis Redux

banks, Insolvency, law Tagged with: Banking Industry, Capitalism, Corruption, Fraud, Naked Capitalism, Video Explanation, Yves Smith

Oct 132010

An outstanding video explanation of the current banking/mortgage mess by Yves Smith, editor of Naked Capitalism. The corruption, fraud and outright illegalities just continue. Banks will be hurt by this. Hopefully they will not be bailed out again. The banking industry is insolvent, especially the “too big to fails.”

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Banking Crisis Redux

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