Subject: Re: Not all deposits insured.
The best analysis I've seen of the banking situation. Thanks Jim, you continue to be a heck of an asset to us all.

I've tried to be greedy when others are fearful, and picked up some beer-money sized positions in BAC and KBE. The confidence in overall solvency is there, but the fear factor is tough to overcome.

For the superstitious, I'll be in Jim's neighborhood for six weeks. The major meltdowns always occur when I'm over there.