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JoeJustJoe
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JoeJustJoe's Blog : Money runner banks

Date April 28, 2008    Comments Comments (0)    Recommended (105)   
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One of the first blogs I did was about "the soft underbelly" of the financial system....the loan insurers like ABK, PMI, FMD, etc. I think it is truly amazing how that sector just got totally decimated, especially since LEH n JPM approached their levels they were trading at just before the BSC smackdown. Nobody seems to notice that the insurers got whacked.....and somehow the fact that the money runner banks are at the open teller window borrowing hand over fist seems to mean that "things are going muuuuuch better in the banking world" :-) Tell ya what ifn you are long ANY of the criminal element that "caused it all".....watch out! *-) 3J


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