For the moment.
The problems; too much debt and too many zombie banks (TBTF) has actually gotten worse since last September.
And the panic is a symptom of the disease not the disease itself.
I like your tagline; being a math guy myself so I ask you this what is the real networth of Citigroup? My contention is no one really knows but it is probably less than zero
Bear Stearns was making money, they were killed by a run on the bank.
I ask you this what is the real networth of Citigroup? My contention is no one really knows but it is probably less than zero
Why do you think it's less than zero?