Amplify’d from www.ritholtz.com
The US banking sector is not healthy.
There is a fundamental misunderstanding about the Wall Street bailouts amongst the public, and quite a few policy makers at Treasury and the Federal Reserve: Somehow, they “fixed” the banking system. All it took was few trillion dollars in liquidity and a few $100 billion dollars in recapitalization, and all is now fine (I suspect some people at the Fed know the Truth).
See this Amp at http://amplify.com/u/a1c1j8
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