Economist/Banker: Prepare for the next bank's crisis---By Shan Saeed

Economist/Banker: Prepare for the next bank's crisis---By Shan Saeed: "Investors who bought this mostly AAA rated junk as mortgage-backed securities are not simply going to swallow the losses quietly. These investors –including Fannie Mae, Freddie Mac, Pacific Investment Management (PIMCO) and BlackRock (BLK) are seeking redress. Under certain circumstances, the terms of their purchase agreements allow them to put back the mortgages to the banks..."

Graphs below also show that idea that no inflation is in play is more BS:

Increases in every day consumer costs by category.

Claim that no inflation is in play courtesy of dshort.com

Move your money now! Weiss independent list of banks in trouble! Notice no one else shows Bank of america.

Bank of America, with its still awful Countrywide and Merrill acquisitions, has the greatest exposure, at over $35 billion. Citigroup somehow has a mere $8B in potential putback losses."