Bank Troubles

Now Credit Suisse Bank is in trouble. I hope this isn't going to snowball, the last thing we need right now is another 2009.

No Politics or I will Delete this. It is interesting to what rabbit hole this will go down.

During the Enron debacle no one, I understand went to Prison. So is anything Different?

There all a bunch of crooks from one end of the stream to the other.

Complaints go unheard because of conflicts of interest.

I will not get into the obvious Links, but it extends to railroad disasters, crumbling infrastructure, Police required to not enforce this or that Law. Morality Has been stripped from kids in school. Ignorance abounds about Civics. Its the other ones fault, Pogo said "We Have found the Enemy and He is Us!"

The banking system is looking a bit jittery. While I don't think (and hope) any massive collapse of the system will happen, today's bailout of First Republic Bank on the heels of the Silicon Valley Bank and Signature failure is something to keep an eye on.