from www.Goldenjackass.com, member area, by analyst Jim Willie:
"The Stress Tests for banks are beginning to reveal a very likely pathway for Wall Street banks to seize regional banks. That would expand their depositor base, dilute their toxic assets, and more, as part of a vile consolidation. Instead of bankruptcy liquidation, Wall Street banks probably seek to seize healthier regional banks, by rigging the tests, and spreading the cancer. They are trying to survive by holding the neighbors ransom. The details of the Stress Test are leaking out, and regional banks are set up to appear far weaker than New York banks, whose balance sheets are reinforced by loose fictitious valuations permitted by the FASB rules. This story is developing. See the AP exclusive article":
http://finance.yahoo.com/news/AP-Exc...658.html/print



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