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February 28, 2010
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THE BROKERED-DEPOSIT UNIVERSE
Deepest Financial Black Hole In Cyberspace

Hutton's morbid fascination with banks extends from his banker father's pronouncement, "Nobody understands money!" to Hutton's local bank officer who, when asked about whether or not his bank would "go under" because of its name being posted on a list of U.S. banks with shaky foundations, retorted "Can our bank go under? Never!"

Well, the list of shaky banks grows week by week, and the FDIC is now bankrupt.  Why?  How did this happen?  The article below speaks volumes.  And several Cayce readings remind us of how greed can trump bank safety.

More follows, however...




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