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Re: sf post# 104166

Tuesday, 09/29/2009 12:06:05 PM

Tuesday, September 29, 2009 12:06:05 PM

Post# of 733297
I concurr with your anaylsis. I've felt for awhile that Weil is going after cash. WAMU can likely regain some of its old customers if they re-enter the market. Also, with cash, they can acquire other banks on the cheap right now. The FDIC is anticipating a significant number of bank failures over the next year or two. (I was at a seminar talking about the banking industry a week ago.) I don't think they want to wait too many more months to make this happen. There is significant opportunity in the market place now. IMHO
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