Jim Sinclair: The US Banks Likely To Be Bailed-In

In the wake of the bail-in of the UK’s Co-Operative bank with 100% losses on junior bond holders, Jim Sinclair has sent another alert to subscribers again urging investors to get out of the system now and advised of the US banks most likely to be bailed-in!
Sinclair states that there is a real reason that Western authorities are preparing to bail-in their banks and banking systems, and states he will explain the reason privately at his upcoming meetings in Chicago and Scottsdale.
Sinclair concludes by stating that the banks most likely to be bailed-in by their depositors are the banks that received the bail-out funds in 2008-09.
List of US banks likely to be bailed-in is below:

[Read more...]

Reposted with permission