Originally Posted by
jungle
The current boom has been short selling financial institutions with lots of bad debt on their books. Next year it may well be buying the survivors for dimes on the dollar.
The FDIC has a list of 90 banks on the brink of failure, but they won't share the list because it might alarm the public.
I think that is what my buddy is thinking as well. He said in early 2009 there will be some great deals in the financial markets.