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Post# of 319093
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Re: Dredinvestments post# 54932

Thursday, 05/07/2009 11:50:09 PM

Thursday, May 07, 2009 11:50:09 PM

Post# of 319093
From what I'm hearing Dred, C and BAC are both insolvent, (along with A LOT of other banks), and eventually that will have to come out in the wash. Doesn't mean that they will with all of the shenanigans being played by our wonderful gov, but it's something to keep in mind.

I am by far a financial whiz, so I don't really have a clue what will happen. I just trade the pretty colored candles on my charts. smile

Take care.

Unless otherwise stated, any and all information I post is my opinion which is subject to change. I accept no responsibility for anyone who chooses to take any action based upon anything I post.

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