Large Banks On The Edge Of Insolvency

'LIKE DEAD MEN WALKING' Some Large Banks On Edge Of Insolvency... Total Losses On Loans And Fall In Value Of Market Assets Estimated To Reach $3.6 Trillion

Some of the nation's large banks, according to economists and other finance experts, are like dead men walking.
A sober assessment of the growing mountain of losses from bad bets, measured in today's marketplace, would overwhelm the value of the banks' assets, they say. The banks, in their view, are insolvent.
Read the whole story here.