Wednesday, November 27, 2013

Have TBTFs Become Titanic?...



"The Unsinkable Folly Bound"?

"ASSETS OF THE SIX LARGEST U.S. BANKS ARE UP BY 37% OVER FIVE YEARS AGO.  WHAT HAPPENED ?"
(* Source: R. Ilargi/SNL)

Here's the breakdown:

TOTAL ASSETS OF U.S. BANKS:  $14.4 trillion.

              THE TOP SIX BANKS:       67% of total assets.
                (JPM, BOA, CITI, GS, WF, MS)

              ALL THE OTHER BANKS:    33% of total assets.
                 ( The "other 6,934" U.S. banks.)

But, don't despair! The folks in D.C. are "looking into it"...


... just wanted to give you a little "head's up"!!
(Don't Worry, Be Happy!)

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