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

To: ChanceIs who wrote (259074)7/7/2010 6:44:41 PM
From: James HuttonRespond to of 306849
 
"Every time I see him, he tells me that there are a few large banks, taking out huge risky loans to buy small or mid sized banks, in a desperate effort to become TBTF."

It was a formula for success in 2008 (JPM, BAC, etc.), and no one has given the banks any reason to change said formula. I don't think the tax break is there now that was there in 2008 (see PNC's takeover of National City), but it's still apparently a good recipe for keeping the reaper away.



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