Home > Uncategorized > Big Banks: Under-Capitalized, Overexposed, Opaque

Big Banks: Under-Capitalized, Overexposed, Opaque

Amplify’d from www.ritholtz.com

The US banking sector is not healthy.

There is a fundamental misunderstanding about the Wall Street bailouts amongst the public, and quite a few policy makers at Treasury and the Federal Reserve: Somehow, they “fixed” the banking system. All it took was few trillion dollars in liquidity and a few $100 billion dollars in recapitalization, and all is now fine (I suspect some people at the Fed know the Truth).

Read more at www.ritholtz.com

 

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