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BEAR STEARNS PROTEST WEDNESDAY: THE PRESS RELEASE

26 March 2008, 19:09, by michael schumacher

But the banks who took those "bad loans" and leveraged themselves up to almost 40x are just fine. This is not a credit crisis it is and will continue to be a solvency issue. That people still call it based on credit goes a long way to the power of these banks to consistently avoid telling any truth.

If you also think that write downs are done then I feel sorry for your inability to even read a 10-k

FACE IT....THIS IS A SOLVENCY ISSUE AND THE BANKS ARE COMPLETELY AND TOTALLY RESPONSIBLE FOR ALL OF IT.

Greed sucks and the banking system is full of greed and constant calls for bailouts...which they are getting thorough the FED.

MAKE NO MISTAKE.......THE STEPS TAKEN BY THE FED ARE DEPRESSION ERA POLICIES THAT HAVE NOT BEEN USED SINCE THAT TIME.

IS it 1999 or 1929??

I vote 29 unfortunatly

Wake Up People