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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (93705)4/21/2008 11:10:55 PM
From: stomper  Respond to of 110194
 
I know they are...and they are doing acquisitions all over the place. I don't think they will go under, but i think they have more reckoning.



To: loantech who wrote (93705)4/22/2008 4:10:19 PM
From: George K.  Respond to of 110194
 
I'm never right on WFC - it was way slimier than any of the subprimes - mostly as a result of a real sleaze local agent. You name it they did it - never turned a loan down, insane piggybacks, huge loans - huge bets right up to the end. I was sure they were going down. Instead, no bad company newsflows, tiny writedowns, great image, no local foreclosures, and still going strong. I swear the parents are paying the loans here to keep the little shts from moving back in. ;)


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