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quasigovy

497 Posts

Posted - 07/13/2008 :  11:01:01 PM
Lehman Brothers!!!!!!!

Come on down!!!!!!!!!

And it could happen within a month. At least someone could buy them, that is more than a few banks can say right now.

I won't name any names (Wachovia).
teamlend

371 Posts

Posted - 07/13/2008 :  11:32:00 PM
ahaahaha! i won't take that bet
KHufford

5993 Posts

Posted - 07/14/2008 :  12:01:56 AM
Why are you rooting for this stuff? Thats terrible, Lehman is a big player, so is Wachovia, you should not be wishing for this at all.
quasigovy

497 Posts

Posted - 07/14/2008 :  12:45:33 AM
Not wishing for it.

Predicting it. Sorry.
KHufford

5993 Posts

Posted - 07/14/2008 :  01:45:07 AM
quote:
Originally posted by quasigovy

Not wishing for it.

Predicting it. Sorry.



Ok, thats true, well, lets all stick our money in our matresses then huh?!
808

2597 Posts

Posted - 07/14/2008 :  06:49:17 AM
I'd throw Downey in the mix. Their demise will be swift and severe. Look for an IMB seizure type scenario. Those guys like Wachovia and IMB kept making toxic loans when the writing had long been on the walls. Gotta love upper mgt when they start screwing over shareholders and their money. I hope all the irresponsible jackoffs get lengthy prison sentences starting w Tan Man Mozilo
quasigovy

497 Posts

Posted - 07/14/2008 :  08:34:17 AM
quote:
Originally posted by KHufford

quote:
Originally posted by quasigovy

Not wishing for it.

Predicting it. Sorry.



Ok, thats true, well, lets all stick our money in our matresses then huh?!




Why? When you can make money off of the collapse?
808

2597 Posts

Posted - 07/14/2008 :  09:03:26 AM
looks like National City is all set for the next bank run, rumors are starting to swirl
lucky1s

3618 Posts

Posted - 07/14/2008 :  09:32:19 AM
I have been afraid to send homecomings a loan for months but they keep on ticking.
quasigovy

497 Posts

Posted - 07/14/2008 :  09:49:51 AM
quote:
Originally posted by 808

looks like National City is all set for the next bank run, rumors are starting to swirl



They are in my backyard.

It is hard to believe they have lasted this long.
808

2597 Posts

Posted - 07/14/2008 :  09:52:42 AM
quote:
Originally posted by quasigovy

quote:
Originally posted by 808

looks like National City is all set for the next bank run, rumors are starting to swirl



They are in my backyard.

It is hard to believe they have lasted this long.

I know, I think I must've done 50 2nds behind Neg Ams w them back in 06-07. I wonder what the default rate is on those 50%?????
quasigovy

497 Posts

Posted - 07/14/2008 :  09:55:34 AM
quote:
Originally posted by 808

quote:
Originally posted by quasigovy

quote:
Originally posted by 808

looks like National City is all set for the next bank run, rumors are starting to swirl



They are in my backyard.

It is hard to believe they have lasted this long.

I know, I think I must've done 50 2nds behind Neg Ams w them back in 06-07. I wonder what the default rate is on those 50%?????




I dont know, but having a HUGE equity line portfolio might be worse than neg am at this point.
lemeuss

471 Posts

Posted - 07/14/2008 :  09:56:45 AM
quote:
Originally posted by lucky1s

I have been afraid to send homecomings a loan for months but they keep on ticking.



homecomings wrote a lot of good loans mixed up w/their subprime stuff....I think there are a lot of companies worse off
quasigovy

497 Posts

Posted - 11/03/2008 :  10:49:01 PM
Damn.... Nice call, huh?
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