We were indeed warned, and the warning came towards the end of last week when financiers expressed that banking is a mess.
The recession blew the door open and pushed its ugly face into the world living room.
Its back for more blood.
Reuters: Wall Street sinks as bank shares tumble
Adding to the negative tone, U.S. President Barack Obama said over the weekend the economy remains under strain and his top economic adviser tempered hopes for a speedy recovery.
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