dow closes down 500 points, page-6

I think the reality is that all the highly debt-leveraged US 'banks' and other financial giants (Goldman, Citibank, AIG etc) are finished and the Fed and everyone knows that - so what they are doing is orchestrating an orderly wind down of these unregulated fraudulent dogs so that there's a semblance of normality about US markets.... there are good strong real banks and financial institutions in the US and these are the only ones which will remain standing - the trash will have been disposed of by the end of the year hopefully, then markets can slowly rebuild.... though with more pain ahead in the short/medium term.....


my problem is that I saw all this coming and did little about it.... a hard lesson learned again....