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Strategies & Market Trends : Pancho Villa's Short Analysis File -- Ignore unavailable to you. Want to Upgrade?


To: Mad2 who wrote (228)1/19/1999 6:34:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 287
 
you own a bank that ain't worth much. That is why government frequently buy them. Governments are pretty good at picking bad deals (e.g., japan). One prediction that is far enough not to be of worry in the short term: We will revisit a banking crisis of worse proportions than the not so distant S&L baill out. Banks continue to leverage their balance sheets, lending standards to already highly leveraged individuals are being relaxed, FDIC insurance used as the basis for sloppiness, and reserves for loan losses manipulated.



To: Mad2 who wrote (228)1/21/1999 10:17:00 AM
From: Pancho Villa  Read Replies (1) | Respond to of 287
 
I think it may be more appropriate to say than when you deposit enough$$$ in a bank that squanders your $$$ you may and up having equity claims to a worthless bank and loosing your money (thank god we hav the artifice of 100K FDIC insurance which IMO will actually be fueling the next banking crisis in the USA). However, I admit that is you are a large borrower you have them grabbed by the b*lls.