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Viewing 15 posts - 31 through 45 (of 51 total)
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  • August 21, 2008 at 11:07 AM #259656
    peterb
    Participant

    Risk reward is your choice, of course. But these are somewhat new waters of default levels and the FDIC. Past performance may not be an accurate indicator for the future. This seems like a rather large chunk of change to risk when it’s not really needed to risk. In a receeding market, capital preservation is absolutely critical. There’s no upside anywhere right now and lots of downside happening and coming down the pike. Take an ultra defensive position and wait for the bottom. My opinion FWIW.

    September 19, 2008 at 9:11 PM #272970
    Anonymous
    Guest

    THE PROBLEM WITH WORD ON THE STREEET… IS THAT IS ALL IT IS… WACHOVIA IS THE 4TH LARGEST BANK IN THE NATION.. NOT IN BRANCHES OR MTG. BUT ON ACTUAL ASSETS.. THEY ARE VERY WELL DIVERSIFIED. THE WORSE THING THAT COULD HAPPEN IS THAT IT COULD MERGE AGAIN… AND AS FAR AS THE BROKER GOES. IT IS AGAINST THE LAW FOR ANY BANK EMPLOYEE TO COMMENT ON THE STABILITY OF ANOTHER FINANCIAL INSTITUTION..

    LETS NOT BE STUPID PEOPLE.

    September 19, 2008 at 9:11 PM #273217
    Anonymous
    Guest

    THE PROBLEM WITH WORD ON THE STREEET… IS THAT IS ALL IT IS… WACHOVIA IS THE 4TH LARGEST BANK IN THE NATION.. NOT IN BRANCHES OR MTG. BUT ON ACTUAL ASSETS.. THEY ARE VERY WELL DIVERSIFIED. THE WORSE THING THAT COULD HAPPEN IS THAT IT COULD MERGE AGAIN… AND AS FAR AS THE BROKER GOES. IT IS AGAINST THE LAW FOR ANY BANK EMPLOYEE TO COMMENT ON THE STABILITY OF ANOTHER FINANCIAL INSTITUTION..

    LETS NOT BE STUPID PEOPLE.

    September 19, 2008 at 9:11 PM #273220
    Anonymous
    Guest

    THE PROBLEM WITH WORD ON THE STREEET… IS THAT IS ALL IT IS… WACHOVIA IS THE 4TH LARGEST BANK IN THE NATION.. NOT IN BRANCHES OR MTG. BUT ON ACTUAL ASSETS.. THEY ARE VERY WELL DIVERSIFIED. THE WORSE THING THAT COULD HAPPEN IS THAT IT COULD MERGE AGAIN… AND AS FAR AS THE BROKER GOES. IT IS AGAINST THE LAW FOR ANY BANK EMPLOYEE TO COMMENT ON THE STABILITY OF ANOTHER FINANCIAL INSTITUTION..

    LETS NOT BE STUPID PEOPLE.

    September 19, 2008 at 9:11 PM #273263
    Anonymous
    Guest

    THE PROBLEM WITH WORD ON THE STREEET… IS THAT IS ALL IT IS… WACHOVIA IS THE 4TH LARGEST BANK IN THE NATION.. NOT IN BRANCHES OR MTG. BUT ON ACTUAL ASSETS.. THEY ARE VERY WELL DIVERSIFIED. THE WORSE THING THAT COULD HAPPEN IS THAT IT COULD MERGE AGAIN… AND AS FAR AS THE BROKER GOES. IT IS AGAINST THE LAW FOR ANY BANK EMPLOYEE TO COMMENT ON THE STABILITY OF ANOTHER FINANCIAL INSTITUTION..

    LETS NOT BE STUPID PEOPLE.

    September 19, 2008 at 9:11 PM #273288
    Anonymous
    Guest

    THE PROBLEM WITH WORD ON THE STREEET… IS THAT IS ALL IT IS… WACHOVIA IS THE 4TH LARGEST BANK IN THE NATION.. NOT IN BRANCHES OR MTG. BUT ON ACTUAL ASSETS.. THEY ARE VERY WELL DIVERSIFIED. THE WORSE THING THAT COULD HAPPEN IS THAT IT COULD MERGE AGAIN… AND AS FAR AS THE BROKER GOES. IT IS AGAINST THE LAW FOR ANY BANK EMPLOYEE TO COMMENT ON THE STABILITY OF ANOTHER FINANCIAL INSTITUTION..

    LETS NOT BE STUPID PEOPLE.

    September 26, 2008 at 2:49 PM #276379
    Enorah
    Participant

    WHATEVER YOU SAY MR. BANKER!

    “Wachovia Slumps After WaMu’s Seizure, Bailout Impasse (Update1)”

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aIeiRPdir2H4&refer=home

    September 26, 2008 at 2:49 PM #276446
    Enorah
    Participant

    WHATEVER YOU SAY MR. BANKER!

    “Wachovia Slumps After WaMu’s Seizure, Bailout Impasse (Update1)”

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aIeiRPdir2H4&refer=home

    September 26, 2008 at 2:49 PM #276432
    Enorah
    Participant

    WHATEVER YOU SAY MR. BANKER!

    “Wachovia Slumps After WaMu’s Seizure, Bailout Impasse (Update1)”

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aIeiRPdir2H4&refer=home

    September 26, 2008 at 2:49 PM #276396
    Enorah
    Participant

    WHATEVER YOU SAY MR. BANKER!

    “Wachovia Slumps After WaMu’s Seizure, Bailout Impasse (Update1)”

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aIeiRPdir2H4&refer=home

    September 26, 2008 at 2:49 PM #276127
    Enorah
    Participant

    WHATEVER YOU SAY MR. BANKER!

    “Wachovia Slumps After WaMu’s Seizure, Bailout Impasse (Update1)”

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aIeiRPdir2H4&refer=home

    October 3, 2008 at 10:03 AM #280025
    djkimd
    Participant

    fwiw, here is a follow up.
    i did open up a 190k 12 month 5.0% cd (joint account)at wamu exactly one month ago. i just now checked. wamu says that the cd will be unchanged and monthly interest payments will continue until maturity in sep 1009. at 5.0%
    best djkimd

    October 3, 2008 at 10:03 AM #280296
    djkimd
    Participant

    fwiw, here is a follow up.
    i did open up a 190k 12 month 5.0% cd (joint account)at wamu exactly one month ago. i just now checked. wamu says that the cd will be unchanged and monthly interest payments will continue until maturity in sep 1009. at 5.0%
    best djkimd

    October 3, 2008 at 10:03 AM #280303
    djkimd
    Participant

    fwiw, here is a follow up.
    i did open up a 190k 12 month 5.0% cd (joint account)at wamu exactly one month ago. i just now checked. wamu says that the cd will be unchanged and monthly interest payments will continue until maturity in sep 1009. at 5.0%
    best djkimd

    October 3, 2008 at 10:03 AM #280344
    djkimd
    Participant

    fwiw, here is a follow up.
    i did open up a 190k 12 month 5.0% cd (joint account)at wamu exactly one month ago. i just now checked. wamu says that the cd will be unchanged and monthly interest payments will continue until maturity in sep 1009. at 5.0%
    best djkimd

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