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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (142014)8/20/2008 11:58:12 AM
From: MarketRunnerRead Replies (1) | Respond to of 306849
 
Thats quite the ambiguous article. Plus it's kind of a blanket statement to say a major bank or US bank is going to fail. Te govt has stepped in for every major so far(bear, cfc, fannie, freddie) Theres no reason that this trend wont continue.

Citi is prb gonna be the next one to step up and take on the assets of whomever fails, at a govt subsidized discount ofcourse.



To: Jim McMannis who wrote (142014)8/21/2008 8:39:54 PM
From: RockyBalboaRead Replies (1) | Respond to of 306849
 
It is difficult to argue why it should not be Lehman. Though, I would not rule out that Merrill goes belly up.

Then instead of going belly up a bank can simply be dismantled and its most worthy asset sold.


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