Friday, March 6, 2009

How much for the little banking system?

The Four Horseman of the Banking Apocalypse - representing about 64% of our banking system- C, BAC, JPM & WFC have as of noon central today a collective market value of less than 120 billion.

If China wants to protect its' 'investment' they should cash in about 6% of their foreign exchange reserves and buy us out!

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