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View Full Version : no reason to fear: Banks are OK



vurbano
May 7th, 2009, 01:22 PM
http://news.yahoo.com/s/nm/us_usa_fed_bernanke



WASHINGTON (Reuters) – All of the top 19 U.S. banks undergoing "stress tests" to gauge their ability to outlast an even deeper recession are solvent, and the exam results should reassure markets that banks can continue lending, Federal Reserve Chairman Ben Bernanke said on Thursday.

Do you believe Bernanke?

fallout2600
May 7th, 2009, 02:31 PM
Hell no I don't believe Bernanke, he didn't see the warning signs of what happened until it was too late, what does that say about his monetary policy?

vurbano
May 7th, 2009, 04:27 PM
But Obama wouldnt lie. Now the banks that need cash will opt to let the government convert their shares to common stock instead. Insidious Obama plan to take over the banks.