Banks hoarding cash in preparation for something huge?

[seemslikeadream]

http://www.newmogul.com/item?id=803




Can someone explain what this means?
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3 points by gaika 2 hours ago | link
It means banks are hoarding cash in preparation for something huge.
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2 points by smu2 1 hour ago | link
They really should invest that money somewhere, inflation is eating it up. Possibly in these seized credit markets?
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2 points by gaika 1 hour ago | link
They do not have anything good to invest into. They must be preparing for huge losses coming up this year.
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2 points by smu2 1 hour ago | link
Sorry, I was trolling. We're screwed. Max Keiser's got me feeing the blues.
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2 points by gaika 43 minutes ago | link
http://www.federalreserve.gov/releases/h41/Current/ original source with breakdown. It started 3 weeks ago!
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4 points by byrneseyeview 3 hours ago | link
My jaw literally dropped.
By the way, nuclearphynance.com is a great site for anyone who likes the quantier side of things. Their culture takes a little getting used to, but there are some incredibly smart people on the site.

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2 points by nickb 2 hours ago | link
Wow! It's both stunning and terrifying at the same time. Great find gaika!
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