Posted 1/29/2008 22:28 (#296464 - in reply to #296426) Subject: RE: Dave, One Question?
edgerton ks.
Wonderful commentary, However I have a question. When you say banks are hoarding up cash for loan loss reserves is this 1. The banks own money/ equity or 2. Grandmas cds and depositors savings? Just wondering whos cash is actually covering these losses.