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THE BANKS ARE BACK!

That red ink you see in so many bank earnings? Forget about it. Commercial real estate problems? Ha. Non-performing what? Zombies only exist in the movies!  You didn’t actually think that negative shareholder equity meant the common stock was worthless, did you?  All they needed was a huge taxpayer backstop and a license to use taxpayer cash however they please.  The banks are back baby! When do tickets go on sale to see the next big crisis these guys cause?

leh

aig

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