recovery: Focus on Recovery ?
- 08/27/09 10:44 PM
Back in time- the early 90's ! I look at Google finance page and some others for insight to understand current happenings and changes in business,finance and the economy. Today aprox 416 banks on Fed watch list! Lately the estimate that 50% of homeowners will be upside down on their mortgage by 2011 ! Disturbing to me that backroom deals have been made to absorb these institutions before the feds blow through the doors! Where is the market ? Does the FDIC know best? Yesterday- FDIC reserves the lowest since the 90's also- clawback to the taxpayer for more $$$$ Yesterday-unemployment … (2 comments)
Back in time- the early 90's ! I look at Google finance page and some others for insight to understand current happenings and changes in business,finance and the economy. Today aprox 416 banks on Fed watch list! Lately the estimate that 50% of homeowners will be upside down on their mortgage by 2011 ! Disturbing to me that backroom deals have been made to absorb these institutions before the feds blow through the doors! Where is the market ? Does the FDIC know best? Yesterday- FDIC reserves the lowest since the 90's also- clawback to the taxpayer for more $$$$ Yesterday-unemployment … (2 comments)
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