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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ChanceIs who wrote (138371)8/1/2008 12:15:54 PM
From: PerspectiveRead Replies (2) of 306849
 
<Gummnt doesn't want more IndyMacs.>

Was thinking about this some. My impression is that we've entered a phase where FDIC has looked at the sheer number of banks they have to pull the plug on and decided they had better just get to work. My guess is we see them pull the plug on a minimum of 1-2 banks per week for the next several months, just to spread out the workload.

My guess for the next few to go?

FDT
BKUNA
DSL

Naturally, can't get a share of the last two to short, either. Only a fool would be buying the equity of those at this point, or somebody covering a short. Unfortunately, I don't think this thread targeted FDT at all.

`BC
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