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Strategies & Market Trends : Value Investing

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To: MCsweet who wrote (35112)	8/14/2009 11:34:26 PM
From: Arthur Radley	Read Replies (1) of 78748

MC, This Bloomberg article adds additional color to my avoidance of stocks like (C) and why you found that spread your reference. Note this article came out before Colonial was shut down tonight, plus three other banks around the country. The interesting thing about the Colonial closure is the added specter of criminal fraud charges coming into play. A very sordid story coming out of this operation...but my contention these banks have their backs against the wall...and a little fraud is their last straw to grasp. bloomberg.com The housing market hasn't finished correcting and the commercial market is now beginning a free fall...as stated.....all those toxic assets are still on the banks books.

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