Friday, October 24, 2008

Bernanke Bailouts Not Working, Banks Hoarding (the Financial Ninja)

Bernanke Bailouts Not Working, Banks Hoarding


Click on the chart to marvel at the carnage.

Bottom line, Bernanke pumps in liquidity and the banks continue to hoard it. The Bernanke bailouts are not working, yet...

I'm encouraged by some of the recent improvements in the credit markets, but it isn't enough.

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