Noooo… We’re talking about a worthy correction…a real correction…a noble and distinguished correction…a correction that can hold its head up in public.
October 14th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "banking industry"
One in Four US banks Announce Unprofitable Quarter
“Friday’s edition of The Wall Street Journal picks up on the theme of the long road of pain ahead for bank shareholders in the US,” colleague Dan Amoss tells us. “In ‘Banks on Sick List Top 400,’ the WSJ details several ugly highlights from the latest FDIC Quarterly Banking Profile, published last Thursday.
September 1st, 2009 | Bill Bonner | 0 comments | Continued
Hell, Meet Handbasket, Part I
Until recently, average Americans were only dimly aware that there were two types of banks – the commercial banks nearby and the major investment banks located in faraway New York. Understanding the bank where they conducted business, with people they knew, was enough.
November 13th, 2008 | Doug Hornig | 2 comments | Continued