banks going broke

[born2drv]

someone posted a link to a webpage the fed used to monitor the cash on hand that banks have and a video that went along with it explaining how the banks were going broke.....

anyone know what that website or video is???? thank you in advance.

[born2drv]

bump - i know someone has to know?

it's that youtube with the guy explaining the graph that looks like it fell off a cliff, and where the banks are all broke (negative cash) for the first time in the history of recording the data.... and he references the data on the fed's web page.

anyone????

[wgadget]

I know....I'll be right back with it...

[wgadget]

Here it is:

http://www.ronpaulforums.com/showthread.php?t=120595

[born2drv]

thank you so much, now i have an argument to start with some family members ;)

thanks again :)

[michaelwise]

I Know, isn't it grand? Middle class home owners sticking it to the man like there's no tomorrow, mailing their keys back to the banks and walking away from their money pits. Commercial property is imploding now too. What comes around goes around. Sweet justice.

[wgadget]

Found this in the Drudge Report headlines:

http://biz.yahoo.com/ap/080304/citigroup.html?.v=6