Federal Reserve Issues Haunting Warning To 8 Biggest US Banks…Collapse Could Be Near

I seldom waste my time on any link especially without commentary.
regardless of where it comes from, there is always bias and attempts to link things that have little or no relationship to the other.

I was watching a documentary last night and it occurred to me that I could change the narration and totally change the bias of the documentary. I could use the same statements made, change the narration, and make it completely different from the intent.

It is like the advertisers for gold. They lead you to believe that banks are buying gold because there is an eminent crisis and they know something we do not know. What I do know is that the government has required banks to have a much larger reserve than before and a good way for them to do that is with gold. This in no way means that gold is a good investment for you. Remember when gold was at 1800 bucks and "they" claimed it was predicted to go up to 4000. where is it now, about 1320. Sure hope all those people that bought at 1800 dont need cash anytime soon.

I seldom waste my time on any link especially without commentary.
regardless of where it comes from, there is always bias and attempts to link things that have little or no relationship to the other.

I was watching a documentary last night and it occurred to me that I could change the narration and totally change the bias of the documentary. I could use the same statements made, change the narration, and make it completely different from the intent.

It is like the advertisers for gold. They lead you to believe that banks are buying gold because there is an eminent crisis and they know something we do not know. What I do know is that the government has required banks to have a much larger reserve than before and a good way for them to do that is with gold. This in no way means that gold is a good investment for you. Remember when gold was at 1800 bucks and "they" claimed it was predicted to go up to 4000. where is it now, about 1320. Sure hope all those people that bought at 1800 dont need cash anytime soon. Originally Posted by The2Dogs

You do have a point, but I think if Greenspan is worried and the Federal Reserve is warning the top ten largest banks, we have an upcoming disaster on our hands. I wouldn't totally ignore the situation either.

Gee that's funny....

SassySue starts a thread on a topic and the truth is the EXACT OPPOSITE of what she claims:

"The largest U.S. banks have significantly bolstered their defenses against an economic downturn, and could continue lending even during a deep recession, the Federal Reserve said."

http://www.wsj.com/articles/fed-stre...nts-1466713830


Oh my! How embarrassing for Sassy! And here is another item from TODAY'S NEWS:

"Big U.S. banks won permission from regulators Wednesday to boost dividends and buybacks, offering investors some welcome news... All but two of 33 institutions passed the final round of the Federal Reserve’s annual “stress tests,” conducted to gauge how such firms would fare in a new financial crisis."

http://www.wsj.com/articles/fed-stre...rns-1467232237


Does that sound like a "haunting warning... collapse could be near" by the Fed? NOT!

Will SassySue admit she made a big boo-boo? Probably not. People like her don't know what they don't know. Even after you've told them what they don't know.

Gee that's funny....

SassySue starts a thread on a topic and the truth is the EXACT OPPOSITE of what she claims:

"The largest U.S. banks have significantly bolstered their defenses against an economic downturn, and could continue lending even during a deep recession, the Federal Reserve said."

http://www.wsj.com/articles/fed-stre...nts-1466713830


Oh my! How embarrassing for Sassy! And here is another item from TODAY'S NEWS:

"Big U.S. banks won permission from regulators Wednesday to boost dividends and buybacks, offering investors some welcome news... All but two of 33 institutions passed the final round of the Federal Reserve’s annual “stress tests,” conducted to gauge how such firms would fare in a new financial crisis."

http://www.wsj.com/articles/fed-stre...rns-1467232237


Does that sound like a "haunting warning... collapse could be near" by the Fed? NOT!

Will SassySue admit she made a big boo-boo? Probably not. People like her don't know what they don't know. Even after you've told them what they don't know. Originally Posted by lustylad

CNBC Commentary dated January 16, 2016:

http://www.cnbc.com/2016/01/15/a-rec...ommentary.html

Guess you never read any commentaries, other than the ones you want to hear and/or the ones you want to agree with. They used to called it a "depression", now they call it a "recession". . .lol!

You people are going to learn the hard way, since you don't have the common sense to see what's going on.

CNBC Commentary dated January 16, 2016:

http://www.cnbc.com/2016/01/15/a-rec...ommentary.html

Guess you never read any commentaries, other than the ones you want to hear and/or the ones you want to agree with. They used to called it a "depression", now they call it a "recession". . .lol! Originally Posted by SassySue

Wow... you can't even stay on topic in your own thread. Your title says the Federal Reserve issued a "haunting warning" to the 8 biggest US banks. Not about a recession, but a total "collapse". That sounds like pretty scary stuff. Then I glance at today's paper and it says the Fed thinks those same banks are healthy enough to pay out dividends and buy back stock. That's not something you want banks to do if you think a collapse of the banking system is around the corner.

We're talking about what the Fed thinks right now, not what some bearish CNBC commentator wrote 6 months ago. You are 100% wrong about what the Fed is saying.

Don't start a thread if you can't stay on topic.

You people are going to learn the hard way, since you don't have the common sense to see what's going on. Originally Posted by CuteOldGuy

Right, professor. Pass the conspiracy glasses so we can all see "what's going on". I hear your ditzy girlfriend likes it the "hard" way.