The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: copper000 who wrote (137809)	7/30/2008 8:24:06 PM
From: Think4Yourself	Read Replies (2) of 306849

I don't think the banks as a whole will crash. A lot of weaker ones will most certainly fail but there is a big safety net under the system which should hold up. The problems I see are: 1. How much more garbage is there to write off? 2. What are they going to do to return to profitability? Issue 2 is a particular problem for the Wall Street investment banks. Why would anyone want to own the banks right now?

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