i agree 100%. if i didn't agree i would already have bought up a huge amount of these bank and financial stocks that are ALL at their 1 year lows, but because this is just the beginning I'm holding off because there is still more down they will go...
in my opinion the government should really be looking into doing something to save these institutions in the near future, but i just don't see what the government can do (if anything) to get the institutions out of the hurt they are going to be seeing within the next few years.