Banks well capitalized?

Gietner says the banks are well capitalized. The IMF says losses from the credit crisis in the financial sector will reach 4 trillion.

The treasury, like most other actors in this crisis, are acting out of fear. Fear, if these fallen banks are not propped up, all hell will break loose.

Hell has already broken loose. Sweeping things under the rug will only prolong the anguish. The banks are not capitalized well. Why else would the likes of GS play with it earnings. Like taking December out of its annual report in reporting its latest earnings.

Stop proping up failed institutions mr secretary. Stop acting out of fear.