Joe Friday

Option ARMs: The Banking Backdrop of 2009

Unfortuately this investment theme appears to have been played out. With WM, DSL, FED and WB all gone or on life support there is no money left to be made shorting these names. (It was fun while it lasted). It is very clear that there will be many more foreclosures, the question is, how can we capitalize on that knowledge? Any ideas?