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To: patron_anejo_por_favor who wrote (88922)4/2/2001 6:20:04 PM
From: chic_hearne  Respond to of 436258
 
If you had to buy a major bank, that would be the one.

When the banks go, it will be a manifestation of Gresham's Law where the bad banks stocks will drive down the good bank stocks. When investors leave a sector all stocks in the sector get sold. After the chaos settles, it might be worth checking out WFC of any other banksters that were caught up in the carnage and hammered more than they deserved to be.



To: patron_anejo_por_favor who wrote (88922)4/2/2001 6:24:52 PM
From: NOW  Respond to of 436258
 
That and he probably wanted a bank he could trust to park some of his own billions preferentially....
Just like he bought Fannie Mae candies to satisfy his sweet tooth...g


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