Wednesday, November 16, 2011

Fitch CYA on US Banks - TV Today - Rating Agency Exposure Again

TV says... "oh, dah, what a surprise... everyone knows banks are succeptible to the Euro/WW economy."

Huh??

The facts:

1. Banks are only immediately succeptible to the Euro/USD currency ratio because the big banks have risked your money and way too many USD in the Euro-Zone criminally while trying to get a higher and more greedy return-rate following the bank-caused 2008 US debacle that required tax-payer bailout.

2. TV and the institutions (insti's) that pay TV have been actively trying to hide the relation with the EUR/USD for months and years.

3. Now the relations are coming to light. Just ahead of the soon-to-come 2nd M...F... GLOBAL-FINANCIAL-COLLAPSE... again!