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

To: DebtBomb who wrote (186275)2/24/2009 2:01:45 PM
From: Smiling BobRead Replies (3) | Respond to of 306849
 
U.S. Will Take Bank ‘Ownership’ Stakes Only as Losses Climb
--
We're only worthy of the biggest losers.



To: DebtBomb who wrote (186275)2/24/2009 2:05:00 PM
From: John ChenRead Replies (1) | Respond to of 306849
 
"U.S. Will Take Bank ‘Ownership’ Stakes Only as Losses Climb "

There it is, writing on the wall, warning shot at the bow.

Banks are goners, especially those TOO BIG TO FALL since
these are TOO BIG TO RESCUE.



To: DebtBomb who wrote (186275)2/24/2009 2:33:37 PM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
Yep, we're gonna own 'em, but they're going to wait until the losses actually materialize. That makes sense. Which means the market will get to worry about it for the next 6-12 months until the loans actually go bad and we find out which banks have the worst exposure.

`BC


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