The blame game - it is the banks that made all this mess! We made the mess, people. We made it in the way we did business. It a mess that was cleaned up in the ealry 90's, however this time it seems to have a bigger bite.
We will come out this mess.... Hopefully they learned what worked and what did not in 90's but that is still up for vote as to where they are going to put all those bad assets.
It's still the same story. What value do those assets have in the market place, and how long will it take to cash out on these ? Interesting. Time will tell, however good business is still alive and well.
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