"We are in the process of updating the very revealing work we performed last year, identifying which banks were most likely to do the "Lehman Brothers" thing. I believe we were the only media source to predict the collapse of Lehman Brothers, CountryWide, WaMu, Bear Stearns, etc. months in advance - with each of these calls being precedent setting calls from both a profit and strategic preparation perspective. The thought process that went into the research and taking speculative positions behind said research against the crowd, resulted in an interesting experience -to say the least. Reference the introductory paragraph from Is this the Breaking of the Bear? from January 27, 2008, two months before this banks collapse (I gave a similar diatribe for Lehman, several months before their collapse or even mere negative presence in the media as well):..."
at http://www.zerohedge.com/article/lgd-infinity-and-beyond-whats-possibility-certain-european-banks-having-loss-given-default-a?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
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