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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 414.48

+0.7%

Jan 9 4:00 PM EST

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To: carranza2 who wrote (32135)	4/2/2008 9:53:23 AM
From: TobagoJack	Read Replies (1) of 219176

just in in-tray (ignore, and relax, because cb ilaine figures the worst is behind us, because she did not know what was coming 2 years ago but on reflection in rear view mirror could have seen the chasing dino that appears larger than actually is) quote did you tip off the Deutschebank analysts about what we were talking about in the wee hours this morning? <G> Analysts: Banks could lose $50 bil. on home equity loans By Riley McDermid Last update: 8:54 a.m. EDT April 2, 2008 NEW YORK (MarketWatch) --Analysts for Deutsche Bank (DB) said Wednesday that they expect six large U.S. brokers and banks to lose as much as $50 billion in the first six months of 2008 because of rising problems related to home equity loans. Analysts slashed estimates for Merrill Lynch (MER) , Lehman Bros. (LEH) , Fifth Third Bancorp (FITB) , National City (NCC) , KeyCorp (KEY) and Suntrust Bank (STI) accordingly. Deutsche Bank attributed the expected losses to "an acceleration in home price declines, lower indices and possibly newer issues with monolines, such as problems with insurance on home equity securitizations." marketwatch.com unquote

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