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


To: Think4Yourself who wrote (156806)10/13/2008 10:54:48 AM
From: patron_anejo_por_favorRespond to of 306849
 
Guess they found the "prize" (GDW portfolio) in the box of crackerjack......

I still like WFC here. Their balance sheet can absorb it. It gives them nationwide branch exposure. They're a major player right now, in the same league with JPM Chase and BAC (and arguably the strongest of the 3.



To: Think4Yourself who wrote (156806)10/13/2008 11:19:35 AM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
according to one analyst i heard this morning, he said that C really NEEDED those WB deposits

i don't think today's price action on C has anything to do with what may or may not be on the books of WB....geez, at this point who cares? the toxic waste will a be covered by the tarp

chanos is saying he won't be shorting financials for a while now

on a separate but related note, if the feds start buying shares in banks do they ultimately become sellers or do they just keeping buying and holding <ng>