Chris Whalen of Institutional Risk Analytic’s presentation at a conference in early October of 2010,  showed those in attendance a terrifying picture of where our too-big-to-fail banks are headed in 2011… they’re headed towards failing, in case you didn’t realize… as a result of nothing being done to stop the foreclosure crisis from spreading and threatening “the financial foundations of the entire U.S. political economy. [read post]