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Originally Posted by philcski
Idiot savant on my part...
and to be honest I can't. All my email and internet whatnot is monitored on here and I'd get fired if I did. Tough to watch that tank today, though.
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I was talking to a guy at the bank last december and i told him back then lehman was going down because of their Alt-A book. He said that they had sold out of all of those bad loans. I told him that they would be buying them back.
Two months later, they close Aurora. Now this.
Which has to lead you next to...Merrill?
On the bank side, Wachovia is dead and stinkin.