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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Alan Whirlwind who wrote (11842)	8/17/2001 2:44:08 PM
From: Ahda	Read Replies (1) \| Respond to of 81102

I am thinking of creative financing and how it this has extended into the housing area. BAC took one huge hit several years ago. They had become overextended and paid dearly for that one. I feel this is a very smart move at present. I believe PE ratio's are very important. It is very unwise to project future, in doing so you are rejecting the possibility of competition in a very competitive market. Projections in this era were based to much on future possibility minus costs. Wednesday August 15 4:29 PM ET Bank of America to Quit Risky Lending Audio/Video Bank of America takes a charge - (ON24) UPDATE: Analyst encouraged by BAC news, ups price target - (ON24) C to hand out more pink slips citing current market conditions - (ON24) Devon Energy plans to buy Mitchell Energy - (ON24) By F. Brinley Bruton NEW YORK (Reuters) - Bank of America Corp. (NYSE:BAC - news) on Wednesday said it is taking a $1.25 billion charge to quit offering real estate loans to less credit-worthy customers and exit the car leasing business, after the No. 3 U.S. bank holding company foundered in these volatile and risky markets.