First take a quick look at this news item from Market Watch: U.S. pledges to provide ‘capital buffer’ for banks It seems as if the administration is saying everything it possibly can to calm the stock markets down and allay fears of nationalization. The Capital Assistance Program is apparently being put forward as a source […]

All the chatter in the market this morning is about relief over the ebbing of fears of nationalization. At the end of last week and through the Sunday ‘punditry’ shows the drum beat for nationalization was growing. The culmination of this was the odd sight of George Will and Paul Krugman pretty much agreeing that […]

With the drop in bank stock prices today, Citi and Bank of America both lost about 20% of their value, it will not be long before nationalization is inevitable. Two key Senators, Dodd and Schumer, both have made comments today that they could see nationalization as a distinct possibility. Meanwhile the market is surely signaling […]