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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (39864)	11/1/2010 9:47:43 AM
From: Mr.Gogo	Read Replies (1) \| Respond to of 78740

Madharry, The Bloomberg link does not work. Georgi

To: Madharry who wrote (39864)	11/2/2010 10:17:55 AM
From: Spekulatius	Read Replies (1) \| Respond to of 78740

re WL - this story is interesting. WL was mentioned in this board and rejected because of poor fundamentals partly. Their NPA' have been creeping up too. I think the FDIC audited them in detail (being a TARP bank) and found problems - then gave WL a short notice to fix them (capital raise). Apparently they were shopped around with a gun on their head. ALso, totally unnoticed a dinky local (for me) bank was shopped too: CHOB.OB. Another bank in my area lost 1/2 their equity too, apparently after an FDIC audit and later folded - SBNK.OB I think we will see more of this type of pre-emptive action.