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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (138489)8/1/2008 9:04:26 PM
From: PerspectiveRead Replies (2) of 306849
 
WB - holy $hit, that thing's a go''amn superball. I thought I'd missed my chance to short that thing on the way to zero. Now it looks like I'll get to whack Whackovia after all.

Sorry to hear your stop was hit, but as long as I can find a little dry powder, it sounds like an opportunity to me.

Has WB done any capital raises yet, or are they still in the "we're not planning to raise capital" stage of denial?

EDIT: Did I hear right that they have $120B in pick-a-payment loans?

`BC
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