Here it is, Doomers, a PowerPoint Slide for Our Times.
- The banks aren’t lending
- The banks are insolvent
- The Troubled Asset Relief Program (TARP) hasn’t worked
- Taxpayers have given the banks billions and won’t get their money back
- The banks that caused this mess must be held accountable
- The only way to fix the banks is to nationalize them
Most astute piece of analysis we’ve seen from Corporate America in years, except …
It’s really a List of Myths  written by BoA’s CEO Kenneth Lewis on the Wall Street Journal Op-Ed page earlier today.