Chris Whalen- Banks Need More Competition, Not More Regulation

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Mo Dawoud of Wall St for Main St interviewed one of the best banking analyst in the U.S., Chris Whalen. We discussed the current state of the Financial Sector, how the big banks benefited from the Federal Reserve and the possibility of a collapse in the derivative market. We also discussed if the small . . . → Read More: Chris Whalen- Banks Need More Competition, Not More Regulation

Keep Bailing

The ongoing saga of saving the TBTF Banks while leaving the real economy to wilt on the vine continues as Bernanke pegs inflation at 2%.

In excerpts from recent articles by Jesse’s Café Américain the scheme is made oh so clear.

“The move by the Fed is more of a stealth bailout of the banks . . . → Read More: Keep Bailing

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