InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,199.50
(
-0.77%
)
US TECH 100
17,266.40
(
-1.79%
)
Dow Jones
38,763.45
(
-0.60%
)
Brent Oil
78.38
(
-0.01%
)
Bitcoin
57,192.67
(
3.93%
)
Post# of 254
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

ThePennyGuru

Send PM Follow Ignore
Followers 109
Posts 8302
Boards Moderated 1
Alias Born 01/28/2008

ThePennyGuru

Re: None

Saturday, 07/12/2008 10:26:10 PM

Saturday, July 12, 2008 10:26:10 PM

Post# of 254
There will be plenty more coming- FRE and FNM stocks are getting murdered. The mortgage insurers stocks are getting murdered. One has already shut down. Will the Countrywide merger take down B OF A? There is so much hidden beneath the surface with Countrywide. I heard their servicing portfolio was 37% delinquent. How will the 180 billion in option arms that Wachovia got when they acquired Golden West perform? ResCap/GMAC is living month to month. The bloodbath is not nearly over. I think it should shakeout over the next 2 quarters. When it is over, if the US Government ever lets Wall Street in the mortgage business again I will be shocked.

I believe workers should keep their whole paychecks, don't you?


http://www.fairtax.org/site/PageServer

http://investorshub.advfn.com/boards/board.aspx?board_id=13627

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up