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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Cactus Jack who wrote (185333)2/20/2009 1:24:18 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
Don't really know it that well....although they claim to have avoided a lot of the mortgage mess, they are headquartered in Clownifornia, and are the new, proud owners of Wachovia who bought out the ginormous mortgage originator, Golden West Financial right at the tippy top of the housing bubble. Buffet likes them, and they reported have low cost of funding. They are in better shape than BAC and C, but who knows what that means......
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