SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (28813)11/5/2007 5:39:58 AM
From: Madharry  Respond to of 78704
 
i just wonder why you want to buy these stocks now rather than waiting til the the tax loss selling has abated. I think wm has a truckload of mortgage loans to california and some think home prices there, silicon valley excepted, are headed sharply lower.
CFC could be bogged down in regulatory scrutiny for a long time.
Their ceo has sold around $400 million in stock over the years, and it sounds to me that there was a lot of malfeasance in the way they conducted their mortgage business. It seems to be the case that their salespeople were paid at a different commision rate based upon the type of product sold, not just the dollar amount sold. If this is the case some would argue that that needed to be disclosed to consumers relying upon these salespeople to offer them the best product available to them.



To: Paul Senior who wrote (28813)11/5/2007 1:05:19 PM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78704
 
I took a very small position in XLF. Might add if it drops significantly.