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IPFS News Link • Federal Reserve

Nation's Banks Are Well-Capitalized: FDIC's Sheila Bair: Really

1-21-09 • CNBC.com

Banks have some real challenges," Bair said during a CNBC interview. "But I think it needs to be emphasized and re-emphasized these banks are solvent, they're well-capitalized overwhelmingly, and that really is what creditors and deposi

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Reported By Jack Gregson

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1 Comments in Response to Nation's Banks Are Well-Capitalized: FDIC's Sheila Bair: Really

Comment by foundZero

Entered on: 1/21/2009 1:05:46 PM

Yeah I caught that. What did she say? 98% of all banks are well capitalized? Based on what? Their cooked books and puffed up balance sheets full of toxic crap they won't let get marked to market?

Are the banks that lost 20-50% of their common-stock value in the last 2 days "well capitalized" too?

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