Why the Banks Still Aren’t Fixed

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Good recap

Good explanation. Also see:

Adam Smith on the Current Financial Crisis - http://twisri.blogspot.com/2009/04/adam-smith-on-current-financial-crisis.html

What happened. What now. - http://twisri.blogspot.com/2009/04/commercial-and-investment-banks-used.html

Why the market failed - http://twisri.blogspot.com/2009/03/why-market-failed.html

Alan Moore of AL @ May 17, 2009 08:59:08 AM

Management Still Intact!!!

Unfortunately, the article fails to mention that the incompetent managers are still in place steering each bank into disaster. The bailouts should have required restucturing of management until payback at least!!! So nothing has changed....

Ray Fisher of NM @ May 16, 2009 14:27:16 PM

Bank Fraud-Money owed to foreigner investors

The Fed is a cancer we need to get rid of.Bring back the gold standard. As far as the USA owing money to foreigners,well it's about time we get ALL OF OUR HARD WORKING MONEY BACK FOR ALL THE YEARS WE HAVE BEEN BAILING OUT THIRD WORLD NATIONS.I would say it's in the trillions.What about all the AID we have given out every year for generations to foreigners. We rebuilt Europe,Japan and etc. after the big wars. I hope we don't pay China back or anyone else.Also,fire all the big ass bankers,stockbrokers who made millions stealing. Fire all the

politicians in Congress for allowing all this to go on. Most are cowards,whimps, and traitors to America.We are going down as a Nation and all the politicians care about is spending more and more and lining their own pockets.They have broken the manufacturing base and allowed it to be shipped overseas on the backs of the middle class, but of course we can always get a job at WALMART or TARGET. They havc sold us down the river. America needs another REVOLUTION.

Shelia of TX @ May 16, 2009 01:26:50 AM