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Banks

The banking system is core to the U.S. economy. During the crisis banks were hit hard as a storm of defaulting mortgages hurt their balance sheets. The solvency of many of the largest banks has only been preserved through government bailouts and accounting rules changes to make their balance sheets look healthier than they actually are. Below is the stock price history of 10 of the largest banks during the crisis.

BOC = Value at the beginning of the crisis in Fall 2009
LSC = The low value since the beginning of the crisis in Fall 2009




 
 

Ben & the Fat Cat Banksters Painting

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Daily Bloopers Will Now Become Less Frequent
After over ten months of economic government bloopers on each and every workday, it is obviously clear that there is no shortage of ridiculous errors and activity by our soap opera government. A mess... Read more...
1/29/10 - GDP makes big gains
There's nothing misleading about the 5.7% GDP increase. Certainly none of the following play a part in the most recent overestimation:1. Inventories were at an extreme low and the slowdown in the... Read more...
1/28/10 - Bernanke's back!
Bravo! Well done. We removed one extra step (i.e. hiring a new failure) in our long, fingernails-on-chalkboard path of economic defilement.Bernanke wins second term as Fed chairman - MSNBC/Associated... Read more...
1/27/10 - No one wants to cut the deficit
Darn it - This messes up the ability to "chip away" at a $1.35 trillion projected deficit. Woulda surely solved our $80+ trillion unfunded liabilities problem. Not to worry though - Obama is going... Read more...
1/26/10 - Housing prop-ups need prop-ups
Another government plan with a false premise poorly organized and failing. Astonishing.Foreclosure relief program riddled with flaws - MSNBCArbitrary Vote Bloopers

Poll

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