Just in case we have not had enough bad news from banks, Wells Fargo (NYSE:WFC) delivers yet another blow.
If easily depresed, do not watch
U.S. banks stocks are up today on reports that the Obama administration may adopt a plan to buy bad assets in the financial system and create a so-called "bad bank" to hold them.
Another abysmal idea from Congress....just stop folks..
It's a start
Classic "good news / bad news" scenario
We aren't supposed to be impressed are we?
Comes to $24k per person and 9 times the amount spent in Iraq and Afghanistan
Who is the largest investor in US financial institutions? Yup....Uncle Sam
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