I wish I could say I was one of them -- but wasn't (sigh).
Reading Gregory Zuckerman's fine piece on New Century (NEW) in The Wall Street Journal has me wondering how many bargains will eventually emerge among subprime lenders. Or could it get so bad that the stock prices of all lenders get slapped down -- and the key ends up being separating quality lenders from the rest?
No predictions here. Or at least not yet. Just something to keep our eye on.