Thanks for your message. Just trying to keep people informed about the real world. BTW, the market tops on Monday 5/2/11. The GREATEST BEAR MARKET IN WORLD HISTORY will then resume in earnest. My S&P target is 150 in July 2015. If you want to check for bank failures on FDIC Friday here is the link:
FDIC: Federal Deposit Insurance Corporation
In addition to the FRAUD FUND hit, you should check the percentage of "MARK-TO-LIE" asset accounting to the amount of the "LOSS SHARE TRANSACTIONS" which will tell you how much the banks have falsely marked up their assets versus their true market value. Most are running anywhere from 50 to 80% losses. ALL the banks are insolvent, therefor we have "MARK-TO-LIE" accounting, TARP, ZIRP and QE2 to keep the facts hidden. It will not work. The laws of mathematics and good old MOTHER NATURE are going to WIN. Our PONZI ECONOMY is a MASSIVE FRAUD & FAIL run by our CORRUPT elite oligarchy. Good luck.
Jim
