Fulton Associates

Tuesday, December 18, 2007

The winners are...

TD pulling out of ABCP bail-out? the SIV superfund not gaining much acceptance? It figures the greedy banks to cannot find a cooperative solution to save their industry. They need a system in which each bank acts upon their self interests. Oh wait, I think that's called capitalism....

Looks like TD and GS are going to win this battle.

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