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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: saveslivesbyday who wrote (201216)5/8/2009 10:18:14 AM
From: RockyBalboaRead Replies (1) of 306849
 
Yes.. hard to believe that they need no capital. So be it, COF begins to remind be on Providian, similar business which squeezed shorts to death after the recovery in 1998 (it however, died a few years later).

I think that valuation wise, and with looming stock placements, BAC is even more overvalued. But then they goose BAC high enough to minimize the amount of shares to place.

This was the march data:

April 15 (Reuters) - Capital One Financial Corp : * Reports March chargeoffs and delinquency data * Reports U.S. credit cards annualized net charge-off rate 9.33 percent * Reports U.S. credit cards 30 days+ delinquency rate 5.08 percent * Reports auto finance annualized net charge-off rate 4.08 percent * Reports reports auto finance 30 days+ delinquency rate 7.52 percent * Reports international cards annualized net charge-off rate 8.67 percent * Reports international cards 30 days+ delinquency rate 6.25 percent

April is due in a few days.
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