mish gets it wrong again
from maxkeiser.com, 09/06/2011:
http://globaleconomicanalysis.blogspot.com/2011/09/deutsche-bank-ceo-says-its-obvious-many.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
Mike Shedlock (Mish), 9/5/2011:
Deutsche Bank CEO says "It's Obvious Many Banks Will Not Survive If Forced to Value Sovereign Debt at Market Prices"
'It's crystal clear to everyone but bankers and brain-dead analyst that banks need to recapitalize, except now it will happen after share prices have collapsed."
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I say: WRONG!
The bankers know exactly what's going on and are hoping for more bailouts!
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