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Bubblesitter
ParticipantWhat a wild ride this week at the banks, and it is only Wednesday!
WaMu staring around 5, dropping to nearly 3, now up 24% today to 4.5. I don’t have the stomach to day trade with such volatility, but there is opportunity for the gambler.
Well Fargo is certainly be one of the beneficiaries of all the flight from risker banks. Wells up 32% today, good news pulled up nearly all the other financials. They announced better than expected earnings and dividend increase.
People are more inclined to deposit money in “safer” banks, even though deposits <100K are FCIC insured in "risky" banks.
I'm still bearish on Downey, WaMu others.
Bubblesitter
ParticipantWhat a wild ride this week at the banks, and it is only Wednesday!
WaMu staring around 5, dropping to nearly 3, now up 24% today to 4.5. I don’t have the stomach to day trade with such volatility, but there is opportunity for the gambler.
Well Fargo is certainly be one of the beneficiaries of all the flight from risker banks. Wells up 32% today, good news pulled up nearly all the other financials. They announced better than expected earnings and dividend increase.
People are more inclined to deposit money in “safer” banks, even though deposits <100K are FCIC insured in "risky" banks.
I'm still bearish on Downey, WaMu others.
Bubblesitter
ParticipantWhat a wild ride this week at the banks, and it is only Wednesday!
WaMu staring around 5, dropping to nearly 3, now up 24% today to 4.5. I don’t have the stomach to day trade with such volatility, but there is opportunity for the gambler.
Well Fargo is certainly be one of the beneficiaries of all the flight from risker banks. Wells up 32% today, good news pulled up nearly all the other financials. They announced better than expected earnings and dividend increase.
People are more inclined to deposit money in “safer” banks, even though deposits <100K are FCIC insured in "risky" banks.
I'm still bearish on Downey, WaMu others.
Bubblesitter
ParticipantWhat a wild ride this week at the banks, and it is only Wednesday!
WaMu staring around 5, dropping to nearly 3, now up 24% today to 4.5. I don’t have the stomach to day trade with such volatility, but there is opportunity for the gambler.
Well Fargo is certainly be one of the beneficiaries of all the flight from risker banks. Wells up 32% today, good news pulled up nearly all the other financials. They announced better than expected earnings and dividend increase.
People are more inclined to deposit money in “safer” banks, even though deposits <100K are FCIC insured in "risky" banks.
I'm still bearish on Downey, WaMu others.
Bubblesitter
ParticipantOverall CRL does good. They are trying to get better consumer protection and industry regulation.
JennyO, I hope your money is insured now.
This has been a wild week for WaMu. Staring around 5, dropping to nearly 3, now up 24% today to 4.5. What a ride. This is exactly I get nervous playing the market with such volatility.
Bubblesitter
ParticipantOverall CRL does good. They are trying to get better consumer protection and industry regulation.
JennyO, I hope your money is insured now.
This has been a wild week for WaMu. Staring around 5, dropping to nearly 3, now up 24% today to 4.5. What a ride. This is exactly I get nervous playing the market with such volatility.
Bubblesitter
ParticipantOverall CRL does good. They are trying to get better consumer protection and industry regulation.
JennyO, I hope your money is insured now.
This has been a wild week for WaMu. Staring around 5, dropping to nearly 3, now up 24% today to 4.5. What a ride. This is exactly I get nervous playing the market with such volatility.
Bubblesitter
ParticipantOverall CRL does good. They are trying to get better consumer protection and industry regulation.
JennyO, I hope your money is insured now.
This has been a wild week for WaMu. Staring around 5, dropping to nearly 3, now up 24% today to 4.5. What a ride. This is exactly I get nervous playing the market with such volatility.
Bubblesitter
ParticipantOverall CRL does good. They are trying to get better consumer protection and industry regulation.
JennyO, I hope your money is insured now.
This has been a wild week for WaMu. Staring around 5, dropping to nearly 3, now up 24% today to 4.5. What a ride. This is exactly I get nervous playing the market with such volatility.
Bubblesitter
ParticipantWell, the sh*t is starting to hit the fan.
The bailout of Fannie and Freddie has begun after the Treasury dept announcement today on a Sunday. A good number of banks are tettering now with potential runs on the banks in coming weeks/months. Indymac is certainly not the last.
I’m actually a bit po’d. So many folks are to blame, many who where too greedy, incompetent, or both.
We will all be paying for this for years.
Bubblesitter
ParticipantWell, the sh*t is starting to hit the fan.
The bailout of Fannie and Freddie has begun after the Treasury dept announcement today on a Sunday. A good number of banks are tettering now with potential runs on the banks in coming weeks/months. Indymac is certainly not the last.
I’m actually a bit po’d. So many folks are to blame, many who where too greedy, incompetent, or both.
We will all be paying for this for years.
Bubblesitter
ParticipantWell, the sh*t is starting to hit the fan.
The bailout of Fannie and Freddie has begun after the Treasury dept announcement today on a Sunday. A good number of banks are tettering now with potential runs on the banks in coming weeks/months. Indymac is certainly not the last.
I’m actually a bit po’d. So many folks are to blame, many who where too greedy, incompetent, or both.
We will all be paying for this for years.
Bubblesitter
ParticipantWell, the sh*t is starting to hit the fan.
The bailout of Fannie and Freddie has begun after the Treasury dept announcement today on a Sunday. A good number of banks are tettering now with potential runs on the banks in coming weeks/months. Indymac is certainly not the last.
I’m actually a bit po’d. So many folks are to blame, many who where too greedy, incompetent, or both.
We will all be paying for this for years.
Bubblesitter
ParticipantWell, the sh*t is starting to hit the fan.
The bailout of Fannie and Freddie has begun after the Treasury dept announcement today on a Sunday. A good number of banks are tettering now with potential runs on the banks in coming weeks/months. Indymac is certainly not the last.
I’m actually a bit po’d. So many folks are to blame, many who where too greedy, incompetent, or both.
We will all be paying for this for years.
Bubblesitter
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