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Home › Forums › Financial Markets/Economics › Which bank is next? › Bubblesitter wrote:It will be

September 11, 2008 at 2:42 PM #269071
Coronita
Participant

[quote=Bubblesitter]It will be very difficult if not impossible for WaMu to raise capital.

I’m expect the FDIC announcement next Friday or week after. Short sellers are pounding it this week.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a3o14lT_3o8E&refer=home
[/quote]

Watch the fed’s step in again and declare no more naked short selling… Happened in the past, can happen again. Desperate times calls for desperate measures.