CNBC will go live Sunday night! You know what that means.Submitted by rhino on Fri, 09/09/2011 - 19:18
Form zero hedge ...
"Solutions should be found from private markets, from private investors and if that is not is possible there should be national backstops in place to ensure recapitalisations or restructuring for these banks."
I remember the night Bear Stearns went down. I had been an avid follower of CNBC for years. I was in the hospital and my youngest boy had just been born. My wife had died in my arms and then was brought back to life minutes later (thank God) due to severe hemoraging and complications from birth. I was sitting there in the hospital room with my unconscious wife with tubes sticking out of her everywhere and my new born in ICU on a ventilator from inhaling too much blood and I was mindlessly staring at CNBC as they broke in for live coverage on a Sunday evening. At first I thought it was morning and Squawk Box was coming on. I was wrong ...
Our lives had been changed forever on that night and so did the world.
And Chapter 2 is about to begin.
If you are a religious person ... times like this call for prayers.