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davelj.
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February 21, 2010 at 10:44 AM #516117February 21, 2010 at 10:45 AM #516893
davelj
Participant[quote=desmond]Probably another great deal for OW Bank and taxpayers picking up the tab:
http://articles.latimes.com/2010/feb/20/business/la-fi-onewest20-2010feb20%5B/quote%5D
Where do the “taxpayers” fit into this? (We’ve already discussed this issue on a different thread.)
February 21, 2010 at 10:45 AM #515978davelj
Participant[quote=desmond]Probably another great deal for OW Bank and taxpayers picking up the tab:
http://articles.latimes.com/2010/feb/20/business/la-fi-onewest20-2010feb20%5B/quote%5D
Where do the “taxpayers” fit into this? (We’ve already discussed this issue on a different thread.)
February 21, 2010 at 10:45 AM #516642davelj
Participant[quote=desmond]Probably another great deal for OW Bank and taxpayers picking up the tab:
http://articles.latimes.com/2010/feb/20/business/la-fi-onewest20-2010feb20%5B/quote%5D
Where do the “taxpayers” fit into this? (We’ve already discussed this issue on a different thread.)
February 21, 2010 at 10:45 AM #516122davelj
Participant[quote=desmond]Probably another great deal for OW Bank and taxpayers picking up the tab:
http://articles.latimes.com/2010/feb/20/business/la-fi-onewest20-2010feb20%5B/quote%5D
Where do the “taxpayers” fit into this? (We’ve already discussed this issue on a different thread.)
February 21, 2010 at 10:45 AM #516550davelj
Participant[quote=desmond]Probably another great deal for OW Bank and taxpayers picking up the tab:
http://articles.latimes.com/2010/feb/20/business/la-fi-onewest20-2010feb20%5B/quote%5D
Where do the “taxpayers” fit into this? (We’ve already discussed this issue on a different thread.)
February 21, 2010 at 12:45 PM #516216briansd1
GuestBy “will be a problem” I meant, problems that will do the banks in.
If you read the SD Business Journal articles about La Jolla Bank just in the fall of last year, they were very positive about the financial health of the bank. Yet, within 1/2 year, the bank was taken over by the regulators.
I’m seeing a lot of empty commercial space. I believe that, in past recessions, owners had more equity and could ride it out better. The leverage has been so great that failures on a large order will be unavoidable.
February 21, 2010 at 12:45 PM #516989briansd1
GuestBy “will be a problem” I meant, problems that will do the banks in.
If you read the SD Business Journal articles about La Jolla Bank just in the fall of last year, they were very positive about the financial health of the bank. Yet, within 1/2 year, the bank was taken over by the regulators.
I’m seeing a lot of empty commercial space. I believe that, in past recessions, owners had more equity and could ride it out better. The leverage has been so great that failures on a large order will be unavoidable.
February 21, 2010 at 12:45 PM #516073briansd1
GuestBy “will be a problem” I meant, problems that will do the banks in.
If you read the SD Business Journal articles about La Jolla Bank just in the fall of last year, they were very positive about the financial health of the bank. Yet, within 1/2 year, the bank was taken over by the regulators.
I’m seeing a lot of empty commercial space. I believe that, in past recessions, owners had more equity and could ride it out better. The leverage has been so great that failures on a large order will be unavoidable.
February 21, 2010 at 12:45 PM #516737briansd1
GuestBy “will be a problem” I meant, problems that will do the banks in.
If you read the SD Business Journal articles about La Jolla Bank just in the fall of last year, they were very positive about the financial health of the bank. Yet, within 1/2 year, the bank was taken over by the regulators.
I’m seeing a lot of empty commercial space. I believe that, in past recessions, owners had more equity and could ride it out better. The leverage has been so great that failures on a large order will be unavoidable.
February 21, 2010 at 12:45 PM #516645briansd1
GuestBy “will be a problem” I meant, problems that will do the banks in.
If you read the SD Business Journal articles about La Jolla Bank just in the fall of last year, they were very positive about the financial health of the bank. Yet, within 1/2 year, the bank was taken over by the regulators.
I’m seeing a lot of empty commercial space. I believe that, in past recessions, owners had more equity and could ride it out better. The leverage has been so great that failures on a large order will be unavoidable.
February 21, 2010 at 1:21 PM #516098davelj
Participant[quote=briansd1]By “will be a problem” I meant, problems that will do the banks in.
If you read the SD Business Journal articles about La Jolla Bank just in the fall of last year, they were very positive about the financial health of the bank. Yet, within 1/2 year, the bank was taken over by the regulators.
I’m seeing a lot of empty commercial space. I believe that, in past recessions, owners had more equity and could ride it out better. The leverage has been so great that failures on a large order will be unavoidable.[/quote]
Yours is the consensus opinion.
February 21, 2010 at 1:21 PM #516670davelj
Participant[quote=briansd1]By “will be a problem” I meant, problems that will do the banks in.
If you read the SD Business Journal articles about La Jolla Bank just in the fall of last year, they were very positive about the financial health of the bank. Yet, within 1/2 year, the bank was taken over by the regulators.
I’m seeing a lot of empty commercial space. I believe that, in past recessions, owners had more equity and could ride it out better. The leverage has been so great that failures on a large order will be unavoidable.[/quote]
Yours is the consensus opinion.
February 21, 2010 at 1:21 PM #516762davelj
Participant[quote=briansd1]By “will be a problem” I meant, problems that will do the banks in.
If you read the SD Business Journal articles about La Jolla Bank just in the fall of last year, they were very positive about the financial health of the bank. Yet, within 1/2 year, the bank was taken over by the regulators.
I’m seeing a lot of empty commercial space. I believe that, in past recessions, owners had more equity and could ride it out better. The leverage has been so great that failures on a large order will be unavoidable.[/quote]
Yours is the consensus opinion.
February 21, 2010 at 1:21 PM #517015davelj
Participant[quote=briansd1]By “will be a problem” I meant, problems that will do the banks in.
If you read the SD Business Journal articles about La Jolla Bank just in the fall of last year, they were very positive about the financial health of the bank. Yet, within 1/2 year, the bank was taken over by the regulators.
I’m seeing a lot of empty commercial space. I believe that, in past recessions, owners had more equity and could ride it out better. The leverage has been so great that failures on a large order will be unavoidable.[/quote]
Yours is the consensus opinion.
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