Saturday, January 31, 2009

Cartoon, Do the Math, your Bank is Broke

"Do the math, your bank is broke !"
Even without doing the math, you probably get that the government's financial-rescue effort is failing. The signs are hard to miss. Your friend in finance got pink-slipped. A house sale down the street fell through because the buyer couldn't get a mortgage. A local bank is closing a nearby branch or maybe shutting down altogether.
Source of story ; Time Magazine

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