Well the Fed now owns 80% of AIG after a $85 Billion bail out. I just wanted to post the chart so you can see what is going on. This stuff is crazy!! Who knows what banks and brokerages are going to survive by the end of this thing. Another little factoid - the FDIC only has enough money to cover 20% of the deposits of the banks.
1 comment:
seriously scary times that we are headed for.
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