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Another week, and we're moving closer to the profitable end of this royal mess

July 25, 2008

By Horacio Marquez

Email – #194 ** Another week, and we’re moving closer to the profitable end of this royal mess Mark my words: You will soon see several minor banks forced to close their doors or recapitalize dramatically.  Some investors are citing this almost-certainty as a reason to keep selling financials, and yesterday’s sell-off seemed to give them cause.  [...]