Sell ~ snap out of false hope: Because the FED Greenspan manipulated Economy creating bubble/crash, we are worse off, and the FED Bernanke is walking the similar path hyping markets using the US debt. The fact is Americans are broke ~ and higher markets go up, worse impact which we will see. The Fed/Gov/IMF does not deal with real issues, but creating diversions to defraud Americans via running up US debt and financial market hype.
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500 More Banks to Fail By End of 2010: Wilbur Ross
The list of failed bank continues to grow as the FDIC’s troubled bank list currently stands at 416 troubled banks. Wilbur Ross, chairman and CEO of WL Ross & Co. explained that he expects to see further trouble ahead for banks.
“I’m not surprised that the [FDIC’s] list is continuing to grow,” Ross told CNBC. “I think there’s going to be at least 500 more banks fail between now and end of next year.”
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