The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TH who wrote (95778)	7/22/2008 12:13:31 PM
From: TH	Read Replies (3) of 110194

This is just fxxxxxx absurd. Market should be down BIG on Amex and the banks. GT TH news.yahoo.com Wachovia, other banks post dismal results By Jonathan Stempel 1 hour, 18 minutes ago NEW YORK (Reuters) - Wachovia Corp (WB.N) led several large U.S. banks in posting weak second-quarter results on Tuesday, as soaring losses from mortgages and other debt led to large write-downs. The loss for Wachovia totaled $8.86 billion. Two Ohio-based regional banks, Fifth Third Bancorp (FITB.O) and KeyCorp (KEY.N), posted losses, after warning last month of weak results. Southeast regional banks Regions Financial Corp (RF.N) and SunTrust Banks Inc (STI.N) each said profit fell. Wachovia and Regions also slashed their dividends, while Wachovia, Fifth Third and KeyCorp incurred charges from their tax treatment of some lease transactions.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next