320 resignations from bankers and friends points to a lot of trouble coming down the pipe for many of those who led the way to Global Collapse of the financial Sector. Many are the result of criminal prosecutions while others cite "health concerns", an oft used alternative given in order to avoid prosecution and jail--step down and we won't ruin you and/or put you in jail Mr. Bankster. The question is:
"Why aren't you hearing about this sudden wave of resignations on the Evening News???"
The recent surge in the Stock Market is being attributed to people moving their assets from Financial Institutions to the Stock Market. I believe this is indeed the case, but I also wonder if they also know the hammer is about to drop and don't want to lose their cash being held by the Banks? Most of us would be covered in the3 case of a complete financial collapse of Banks as most of America is more than covered by the FDIC Insurance on our bank accounts. What isn't so clear is what would that do to the U.S. Government if they were suddenly forced to cover another run on the banks. Considering our current $15 TRILLION dollar debt, I seriously believe we would see the U.S. Government bankrupted...but then I have been wrong on occasion.