Tuesday, September 22, 2009

FDIC Needs More Money

A sign of the times, economically speaking:

http://www.cnbc.com/id/32962379

It amazes me that this little tidbit of news hasn't sparked a sell off in the pre-markets.

Sheila Bair herself warned of this possibility back in march:

http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=alsJZqIFuN3k

Oh, but I forgot, the recession is over. Ok, Dow 14,000!

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