Bank Losses To Exceed Great Depression -Calyon's Mayo

[Stinger2]

Bank Losses To Exceed Great Depression -Calyon's Mayo http://online.wsj.com/

NEW YORK (Dow Jones)--Recent actions by the U.S. government to support the banking sector won't stop loan loss levels from exceeding those reached during the Great Depression, banking analyst Mike Mayo of Calyon Securities said Monday.

http://online.wsj.com/article/BT-CO-20090406-707995.html

Heck Of A Job, Washington!!!! Keep Voting The Bums OUT! They need to have more accountability in Ethics to Regulation put back to Pre-Bush.

[Uzybone]

1. That's a shock, considering there is more money in banks now

than there was during the Great Depression.

:sarcasm:

Another fine article telling us the obvious.

[Stinger2]

2. Do you know who Mike Mayo is?

Do you know who Mike Mayo is?

That makes it Not another fine article telling us the obvious.

[Uzybone]

3. Yeah, he is just another financial analyst

like the hundreds of them out there who didn't see this coming.