But there will be other banks, who havn't come clean that will have to mark down their assets to the newly established market price, that why Ben and Paul want us to buy assets above the real market price.
>I think some banks, which may have been hiding their situation or trying to prevent a failure, are considering coming clean now to take advantage of the bailout...
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>>WaMu failed last night, they are selling off the deposits and branches, but another giant drain on the FDIC, which will surely buckle under the weight of the coming bank defaults unless they pull off the big bailout.
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>>Bob
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http://www.bloomberg.com/apps/news?pid=20601170&refer=home&sid=amZxIbcjZISU
'If the people lead, the leaders will follow'
'War does not determine who is RIGHT, just who is LEFT'