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Why Banks Fail
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Why do banks fail? Open discussion about the current economic situation
Recent Posts Tagged With 'gm'
It’s because they need the money… or so they say.
An article featured on Forbes.com by Dan Gerstein, Chrysler’s Hidden Coffers, highlights the real story behind Chrysler’s begging. The Big Three are asking for a bailout to prevent shutting down. They want to prevent job loss, and prove...
New Name - Why American Car Companies fail
Recently we have thought about changing our name to reflect what ever the current industry in crisis was, but since that just about everyone, we will stick to Whybanksfail. It looks like GMAC, which was trying to get additional bailout funds by c...
CDO destruction would save banks, unfreeze credit markets, and destroy investors worldwide
Alan Kohler, of Business Spectator, wrote an article A tsunami of hope or terror?. The article covers what will happen if more companies go under. The Breakdown: A synthetic CDO cataclysm could save the global banking system (with horrible consequ...
GM under $3, time travel to the 40’s
When talking about stocks for the past few weeks I have been using the term “time travel”. We can buy stocks for prices that we haven’t seen in years, or even decades. Who wouldn’t like that? General Motors (NYSE:GM 2.92 o...
