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Non-Tech : Bill Wexler's Trading Cabana

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To: RockyBalboa who wrote (3683)6/30/2008 1:31:33 PM
From: The Reaper  Read Replies (1) of 6370
 
Mid... I know you love to research these kind of plays.

PACW
PCBC

2 California banks that could be GTZ. PACW for instance has almost 80% of its loan portfolio in commercial loans and commercial real estate CONSTRUCTION loans. Announced writeoffs have been minimal to date but they are scheduled to report 8/11. PCBC is involved in ground zero for bad residential real estate loans east of Los Angeles in "The Inland Empire".
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