SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 10K a day who wrote (85308)8/19/2007 10:39:21 AM
From: RockyBalboa  Read Replies (3) of 110194
 
Don't know but First Magnus was also a large non-subprime lender. Not in bed, perhaps. But to the best of my knowledge competitors stock hardly rose when one of the lenders fell into trouble.

At the same time I have in mind that much like in the dotcom bubble some companies will survive and thrive. This is financial darwinism - survival of the fittest.

But I am not sure whether we reached the point where the market will switch from failure mode to the survival mode so that winners will be picked.
Maybe, Thornburg was one example that not all is bad... or like HSBC managed to keep its HI division out of the radar despite early subprime publicity.
But one bird doesn't make spring. Or, the early bird doesn't get the worm.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News