Pilfered from Deb Yost over at RedstateEclectic :
Want to know if it's time to pull your money out of those CD's that get 5% and put them into gold and bicycles? Well don't go over to the Bank Implode-O-Meter, if your bank or credit union gets mentioned there, it's already too late.My two cents worth: banks are losing billions, and replace it with more fiat money. Citigroup and Merrill Lynch holding lion's share of market risk, while local services are slashed; Yahoo! rebounds from layoffs by buyout notice; banks are losing hundreds of billions of dollars and those in the banking industry tell us only losing $1 billion is considered a good news event!