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  • September 7, 2008 at 8:11 PM #267743
    CAwireman
    Participant

    FWIW

    Mercedes7,

    I posted this on another bank thread.

    Cramer said that Wells Fargo (WFC), US Bancorp (USB), Bank of America (BAC) and JP Morgan Chase (JPM) all reported quarterly results that showed they will survive.

    How did you come up with Union Bank of California and US Bank being solid? (Are US Bancorp and US Bank one in the same?)

    Thoughts on Wells, BofA, and JP Morgan Chase?

    Thanks all

    September 7, 2008 at 9:03 PM #267467
    PadreBrian
    Participant

    Because Union Bank of California owns zero mortgage paper…they were only brokers. Their Japanese owners knew what was going to happen…because it happened 10 years ago back in Japan.

    September 7, 2008 at 9:03 PM #267684
    PadreBrian
    Participant

    Because Union Bank of California owns zero mortgage paper…they were only brokers. Their Japanese owners knew what was going to happen…because it happened 10 years ago back in Japan.

    September 7, 2008 at 9:03 PM #267700
    PadreBrian
    Participant

    Because Union Bank of California owns zero mortgage paper…they were only brokers. Their Japanese owners knew what was going to happen…because it happened 10 years ago back in Japan.

    September 7, 2008 at 9:03 PM #267747
    PadreBrian
    Participant

    Because Union Bank of California owns zero mortgage paper…they were only brokers. Their Japanese owners knew what was going to happen…because it happened 10 years ago back in Japan.

    September 7, 2008 at 9:03 PM #267778
    PadreBrian
    Participant

    Because Union Bank of California owns zero mortgage paper…they were only brokers. Their Japanese owners knew what was going to happen…because it happened 10 years ago back in Japan.

    September 8, 2008 at 9:32 AM #267659
    zzz
    Participant

    Higgy- I would take what Cramer says with a grain of salt. Personally I think he’s an idiot. Remember he’s the guy who told America to keep BUYING Bear Stearns stock and at $30 that it was a great deal!

    September 8, 2008 at 9:32 AM #267879
    zzz
    Participant

    Higgy- I would take what Cramer says with a grain of salt. Personally I think he’s an idiot. Remember he’s the guy who told America to keep BUYING Bear Stearns stock and at $30 that it was a great deal!

    September 8, 2008 at 9:32 AM #267895
    zzz
    Participant

    Higgy- I would take what Cramer says with a grain of salt. Personally I think he’s an idiot. Remember he’s the guy who told America to keep BUYING Bear Stearns stock and at $30 that it was a great deal!

    September 8, 2008 at 9:32 AM #267940
    zzz
    Participant

    Higgy- I would take what Cramer says with a grain of salt. Personally I think he’s an idiot. Remember he’s the guy who told America to keep BUYING Bear Stearns stock and at $30 that it was a great deal!

    September 8, 2008 at 9:32 AM #267970
    zzz
    Participant

    Higgy- I would take what Cramer says with a grain of salt. Personally I think he’s an idiot. Remember he’s the guy who told America to keep BUYING Bear Stearns stock and at $30 that it was a great deal!

    September 8, 2008 at 10:05 AM #267696
    34f3f3f
    Participant

    Why narrow the focus on Californian banks? I would have thought CA is one of the worst places to be looking for a bank. Union Bank of California only gets a 3 star from bankrate.com

    September 8, 2008 at 10:05 AM #267914
    34f3f3f
    Participant

    Why narrow the focus on Californian banks? I would have thought CA is one of the worst places to be looking for a bank. Union Bank of California only gets a 3 star from bankrate.com

    September 8, 2008 at 10:05 AM #267933
    34f3f3f
    Participant

    Why narrow the focus on Californian banks? I would have thought CA is one of the worst places to be looking for a bank. Union Bank of California only gets a 3 star from bankrate.com

    September 8, 2008 at 10:05 AM #267977
    34f3f3f
    Participant

    Why narrow the focus on Californian banks? I would have thought CA is one of the worst places to be looking for a bank. Union Bank of California only gets a 3 star from bankrate.com

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