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If banks can turn Q1 profits it will be the beginning of the end of the recession. All this noise about "global insolvency" will go away. Keep in mind, the truly awful bears have been claiming "global insolvency" every year since 1982 because they don't believe in leveraged banks.

If banks can turn Q1 profits it will be the beginning of the end of the recession. All this noise about “global insolvency” will go away. Keep in mind, the truly awful bears have been claiming “global insolvency” every year since 1982 because they don’t believe in leveraged banks.

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