Monday, January 26, 2009
Wall Street Journal Catches up to Populus Vox
Lead article in today's Wall Street Journal: Banks are NOT LENDING, holding on to TARP funds. Of course, we have known that for weeks. Back on 1/16/09 & 12/22/08 I posted reviews of the banking system excess reserves, which let all who read know that solvency was the main concern of the financial intermediaries.
Posted by MK at 7:00 AM