To: Santa Fe_Conservative
If I had to guess, I’d say Wachovia.
3 posted on
08/19/2008 10:13:34 AM PDT by
Ron Jeremy
(sonic)
To: Ron Jeremy
Wachovia or Washington Mutual.
8 posted on
08/19/2008 10:16:36 AM PDT by
xc1427
(It's better to die on your feet than to live on your knees...Midnight Oil (Power and the Passion))
To: Ron Jeremy
For sure its Wachovia. Most of thei holdings are under water.
To: Ron Jeremy
I’d say Washington Mutual.
15 posted on
08/19/2008 10:21:57 AM PDT by
BunnySlippers
(I have already previewed or do not wish to preview this composition.)
To: Ron Jeremy
Wachovia is in the running, to be sure, but I think I’d be looking at HSBC first. They have a far larger credit risk based on their derivative and swap holdings.
52 posted on
08/19/2008 10:54:54 AM PDT by
NVDave
To: Ron Jeremy
Yep. My money is on Wachovia. Their disasterously timed acquisitions of Golden West Financial for 25 billion in 2006 and A.G. Edwards for 6.8 billion in 2007 left them massively under capitalized to handle the mortgage meltdown.
They are in big trouble.
60 posted on
08/19/2008 11:02:20 AM PDT by
Proud_USA_Republican
(We're going to take things away from you on behalf of the common good. - Hillary Clinton)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson