(Reuters) - The U.S. financial system still needs at least $1 trillion to $1.2 trillion of tangible common equity to restore confidence and improve liquidity in the credit markets, Friedman Billings Ramsey analyst Paul Miller said.Hell yes, just keep shoveling it out to them... we have an endless supply of paper money.
No help to the everage man on the street, we're on our own. But those guys in the thousand-dollar plus suits that infest Wall street? They desperately need the money. The cleaning bills for those suits must be awesome.
Besides, what's another trillion or so?
Just wait until they start demanding a quadrillion or so. Now that's serious money. That's when we will need to start taking notice.
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