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/biz/ - Business & Finance

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>> No.54188822 [View]
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54188822

>>54186192
The banks are currently insolvent. It is so bad that even Credit Suisse had to be floated with 50 billion Swiss franks (this is the first indicator that things are FUBAR). Everything is being strategically hidden with paperwork and working around the Fed using FHLB government issued bonds as a temporary patch.
Also the FDIC does not have to pay anything back immediately (and literally cannot), and does not have to pay it it in a lump sum. Anyone bragging that they're "insured" is only correct from a legal standpoint (of which the law was formerly described above).

>> No.51279049 [View]
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51279049

>>51273374
Capitalism IS globohomo you retarded faggot.

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