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	<title>Comments on: UNFOUNDED RUMOR OF THE DAY: &#8220;LARGE BANK FAILURE&#8221;</title>
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	<link>http://pragcap.com/unfounded-rumor-of-the-day-large-bank-failure</link>
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		<title>By: Andrew</title>
		<link>http://pragcap.com/unfounded-rumor-of-the-day-large-bank-failure/comment-page-1#comment-5646</link>
		<dc:creator>Andrew</dc:creator>
		<pubDate>Wed, 02 Sep 2009 23:49:59 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=8323#comment-5646</guid>
		<description>is there any correlation with the fact the LIBOR and LIBOR swaps(in USD) at 52 week lows (not mentioning other rates) or all v.v. ?
:)</description>
		<content:encoded><![CDATA[<p>is there any correlation with the fact the LIBOR and LIBOR swaps(in USD) at 52 week lows (not mentioning other rates) or all v.v. ?<br />
 <img src='http://pragcap.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: lasr</title>
		<link>http://pragcap.com/unfounded-rumor-of-the-day-large-bank-failure/comment-page-1#comment-5614</link>
		<dc:creator>lasr</dc:creator>
		<pubDate>Wed, 02 Sep 2009 10:38:47 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=8323#comment-5614</guid>
		<description>TPC

This rumour makes me sit up and take note. I have been pondering whats going to bring about the massive sell off and this rumour might well turn true or something of real significance to the market can happen in this or next week. Btw I think I called the top correctly, though by a narrow margin :-)</description>
		<content:encoded><![CDATA[<p>TPC</p>
<p>This rumour makes me sit up and take note. I have been pondering whats going to bring about the massive sell off and this rumour might well turn true or something of real significance to the market can happen in this or next week. Btw I think I called the top correctly, though by a narrow margin <img src='http://pragcap.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
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		<title>By: Dean</title>
		<link>http://pragcap.com/unfounded-rumor-of-the-day-large-bank-failure/comment-page-1#comment-5603</link>
		<dc:creator>Dean</dc:creator>
		<pubDate>Wed, 02 Sep 2009 01:12:58 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=8323#comment-5603</guid>
		<description>TPC:

I hear you.

The state tried to save money by canceling a $7 million annual contract for a DC-10 firefighting aircraft, but the recent fires led it to sign an emergency $4.6 million contract for the plane that only lasts until November.</description>
		<content:encoded><![CDATA[<p>TPC:</p>
<p>I hear you.</p>
<p>The state tried to save money by canceling a $7 million annual contract for a DC-10 firefighting aircraft, but the recent fires led it to sign an emergency $4.6 million contract for the plane that only lasts until November.</p>
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		<title>By: TPC</title>
		<link>http://pragcap.com/unfounded-rumor-of-the-day-large-bank-failure/comment-page-1#comment-5596</link>
		<dc:creator>TPC</dc:creator>
		<pubDate>Tue, 01 Sep 2009 21:21:20 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=8323#comment-5596</guid>
		<description>Dean,

Thanks.  Luckily I am not in the Los Angeles area.  The Governator has it all under control (but not really).  Hopefully this storm gives us some rain in the next few days....</description>
		<content:encoded><![CDATA[<p>Dean,</p>
<p>Thanks.  Luckily I am not in the Los Angeles area.  The Governator has it all under control (but not really).  Hopefully this storm gives us some rain in the next few days&#8230;.</p>
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		<title>By: Eric</title>
		<link>http://pragcap.com/unfounded-rumor-of-the-day-large-bank-failure/comment-page-1#comment-5595</link>
		<dc:creator>Eric</dc:creator>
		<pubDate>Tue, 01 Sep 2009 21:14:48 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=8323#comment-5595</guid>
		<description>September correction would be too obvious.  The shorts are getting all juiced up only to end up having their faces ripped off yet again.  The fun will start next year.</description>
		<content:encoded><![CDATA[<p>September correction would be too obvious.  The shorts are getting all juiced up only to end up having their faces ripped off yet again.  The fun will start next year.</p>
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		<title>By: Dean</title>
		<link>http://pragcap.com/unfounded-rumor-of-the-day-large-bank-failure/comment-page-1#comment-5593</link>
		<dc:creator>Dean</dc:creator>
		<pubDate>Tue, 01 Sep 2009 21:10:28 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=8323#comment-5593</guid>
		<description>Prolong...the eventual. TPC I hope I convey the wishes of all blog readers when I say that we all hope that you and loved ones are not affected by the So.Cal. fires as well as the speediest possible return to normalcy.</description>
		<content:encoded><![CDATA[<p>Prolong&#8230;the eventual. TPC I hope I convey the wishes of all blog readers when I say that we all hope that you and loved ones are not affected by the So.Cal. fires as well as the speediest possible return to normalcy.</p>
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		<title>By: TPC</title>
		<link>http://pragcap.com/unfounded-rumor-of-the-day-large-bank-failure/comment-page-1#comment-5591</link>
		<dc:creator>TPC</dc:creator>
		<pubDate>Tue, 01 Sep 2009 21:04:19 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=8323#comment-5591</guid>
		<description>Did the government actually fix everything?  Or did they simply prolong everything?</description>
		<content:encoded><![CDATA[<p>Did the government actually fix everything?  Or did they simply prolong everything?</p>
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		<title>By: Dean</title>
		<link>http://pragcap.com/unfounded-rumor-of-the-day-large-bank-failure/comment-page-1#comment-5590</link>
		<dc:creator>Dean</dc:creator>
		<pubDate>Tue, 01 Sep 2009 20:57:51 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=8323#comment-5590</guid>
		<description>Rob:

True. The government can...fix everything:

http://www.youtube.com/watch?v=LO2eh6f5Go0</description>
		<content:encoded><![CDATA[<p>Rob:</p>
<p>True. The government can&#8230;fix everything:</p>
<p><a href="http://www.youtube.com/watch?v=LO2eh6f5Go0" rel="nofollow">http://www.youtube.com/watch?v=LO2eh6f5Go0</a></p>
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		<title>By: Rob</title>
		<link>http://pragcap.com/unfounded-rumor-of-the-day-large-bank-failure/comment-page-1#comment-5589</link>
		<dc:creator>Rob</dc:creator>
		<pubDate>Tue, 01 Sep 2009 20:50:33 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=8323#comment-5589</guid>
		<description>Bank failures no longer matter. Neither do secondary offerings. Bernanke will fix all bank failures - even foreign ones. Secondary offerings no longer are seen as diluting existing shareholders, they are now seen strictly as a sign of confidence and lead to dramatic surges in the value of otherwise worthless stocks.</description>
		<content:encoded><![CDATA[<p>Bank failures no longer matter. Neither do secondary offerings. Bernanke will fix all bank failures &#8211; even foreign ones. Secondary offerings no longer are seen as diluting existing shareholders, they are now seen strictly as a sign of confidence and lead to dramatic surges in the value of otherwise worthless stocks.</p>
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		<title>By: Henry</title>
		<link>http://pragcap.com/unfounded-rumor-of-the-day-large-bank-failure/comment-page-1#comment-5588</link>
		<dc:creator>Henry</dc:creator>
		<pubDate>Tue, 01 Sep 2009 20:46:31 +0000</pubDate>
		<guid isPermaLink="false">http://pragcap.com/?p=8323#comment-5588</guid>
		<description>Not that you&#039;d want to fight the rumors...However, if one of the big banks was to fail, it would have been already.   It seems the government is dead set on protect these banks.</description>
		<content:encoded><![CDATA[<p>Not that you&#8217;d want to fight the rumors&#8230;However, if one of the big banks was to fail, it would have been already.   It seems the government is dead set on protect these banks.</p>
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