Here is your Crux PM update:
Housing prices may never recover
"Once the bubble in an asset class pops, it never reflates."
"I'm not a banker," says the man responsible for saving the economy
We're not sure what qualifications Treasury Secretary Tim Geithner actually has...
Federal Reserve chief calls BS on "too big to fail"
"insolvent firms must be allowed to fail..."
Why you should probably sit on the sidelines for this market
"...the real purpose of the market is to separate the public from their long-term savings."
"Astonishing;" housing starts worst since 1959
"...we are now in uncharted territory."
The 30 companies most likely to go bankrupt
The market thinks these companies are toast...
Regards,
The Daily Crux
www.thedailycrux.com
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