Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (237422)	4/28/2003 10:40:44 AM
From: Perspective	Read Replies (1) of 436258

Not only is the refi bubble causing incredible imbalances in existing companies, it is inviting tech-like capacity additions to insure that, when the music stops, there won't even be a profitable scrap of business remaining for the original players. The latest supply addition: 8:10AM Charles Schwab launches "Charles Schwab Bank" (SCH) 8.75: Announces it will offer home mortgage loans through the newly-launched Charles Schwab Bank. The company received regulatory approval earlier this month to open the bank. BC

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