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Re: researcher59 post# 7301

Wednesday, 08/22/2012 7:17:54 PM

Wednesday, August 22, 2012 7:17:54 PM

Post# of 10861
Guess this kind of shows where govt (or at least treasury) is headed. I own a few shares of WIBC.

http://finance.yahoo.com/news/quick-end-tarp-means-smaller-191802874.html

Guess it makes sense to some degree to monetize what they can while they can if they are unsure of the future.

Might even be worht looking for banks buying back large portions close to dollar for dollar. Thought I recalled 2 of my small bank holdings previously having insiders buy up the treasury preferreds and not the bank itself. Trying to remember which ones though. Think maybe one was FCCO. Anyway, oculd be an angle to look into although doubt I'll have time to follow it much (watching to see large insiders step up on these small bank preferred repurchases ahead of the % rate heading higher to 9% from 5% I think).

Housing market out here has slowed a bit again. Just not enough inventory.

I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog

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