Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

April 10, 2013

Sell All Too-Big-to-Fail Commercial Bank Holdings

         If our previous warning to sell all too-big-to-fail commercial bank holdings wasn't clear enough, here's another take.  Washington is serious about raiding your savings to keep Wall Street Crime Families afloat when they start to sink.  In the sick minds of our elected officials, investors take voters off the hook.  This author emphasizes that your deposits will be confiscated too.  If you need a place to park large sums of money, it seems wise to look into the Bank of North Dakota, mentioned at the end of the article, and also consider smaller commercial banks in your own area.  There've got to be plenty of local bankers around who avoid proprietary trading like the plague proprietary trading has turned out to be.  Small-enough-to-fail bankers who stand no chance of getting "bailed in" if they screw up.

http://seekingalpha.com/article/1330491-winner-takes-all-the-super-priority-status-of-derivatives