April 28, 2009|Posted By Adam Sharp
Bad News Roundup 4/28/09
- Barry Ritholtz jokes around about being named a “prophet of doom” by Salon (FYI: Salon is using an extremely annoying popup movie trailer that will blast your speakers)
- Citi and BAC don’t have enough cash, shocker. BAC may need $70b to get to 3% TCE – Naked Capitalism
- WAMU sues JP Morgan for $4b – Zerohedge
- Bill Bonner muses on recovery head-fakes
- Rolfe Winkler points out that we have experienced a 31% decline in housing prices from peak, and gives us a pretty chart to boot:
