"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
One Third Of Banks Could Collapse in 2009
Submitted by Christopher Lempa on Thu, 2008-12-25 17:00
in
?Financial analyst Ralph Silva of TowerGroup told CNBC ...that he expects no less than one third of banks to fail in 2009 and that anything up to a thousand could collapse if they don't merge.?
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