Not much question what’s going on here.
With Colonial and Guaranty both hitting the list this month, Guaranty is the 10th large bank to fail in US history and the 81st of all bank failures this year,
Read the Wall Street Journal Ariclle for all the gorry details
In his Market Ticker blog of August 13, Karl Denninger points to another of the underlying indicators of the incredible slow down of short sale acceptances by lenders of the last 6 months when he writes:
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Heh Lookie Over Here: Bloomberg
from The Market Ticker by Karl Denninger
Gee, you think someone’s been paying attention to The Ticker?
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Continue reading about Six Months of Sluggish Short Sales Nearing an End?
