From Our “Floating in the Fish Tank” Dept.
Looks like another prediction is coming true. Back in 2007 I warned my friends/family/co-workers of the 25 banks most likely to fail. I closed all my accounts at Wells Fargo. When I launched Meltdown2011.com in Feb 2008 I published the same warning on this site.
See who they name? Citibank, Bank of America, HSBC, Wells Fargo (which bought already-failed Wachovia last year).
These are the banks I named back in Sept 2007 and reminded you of shortly after starting this site in Feb 2008 when I asked you Is Your Bank a Casino?
Six-for-six–now be honest, don’t you like getting your headlines a year+ early? I thought so!
Oh, BTW, notice #17 and #23 on the list. Yep, they’re floatin’ in the fish tank, too.
Wonder what’ll happen to the other 17 banks on the list within another, oh, 18 months, maybe… I don’t really have to spell it out, do I?