Sportsbiz's Comments Sportsbiz's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/139981/comments Wall Street Breakfast: Must-Know News http://seekingalpha.com/article/158108-wall-street-breakfast-must-know-news?source=feed#comment-645059 645059

On Aug 25 07:35 AM markfl wrote:

> "Mortgage lender Taylor, Bean & Whitaker formally filed for bankruptcy
> protection." From all I have read, Taylor's impact on home lending
> (via wholesale market) is potentially rather steep. If we are to
> trust J. Lounsbury's view seekingalpha.com/artic...,
> published today as a follow-up to his very popular banking article
> on SA several days ago seekingalpha.com/artic...,
> Colonial Bank and Taylor Bean may reflect a continuation of banking
> woes.
>
> The prime mortgage problem has eclipsed sub-prime, its not going
> away, and, according to John, bank failures may trump those during
> the Depression if measured on a per capita basis.]]>
Tue, 25 Aug 2009 09:40:13 -0400

On Aug 25 07:35 AM markfl wrote:

> "Mortgage lender Taylor, Bean & Whitaker formally filed for bankruptcy
> protection." From all I have read, Taylor's impact on home lending
> (via wholesale market) is potentially rather steep. If we are to
> trust J. Lounsbury's view seekingalpha.com/artic...,
> published today as a follow-up to his very popular banking article
> on SA several days ago seekingalpha.com/artic...,
> Colonial Bank and Taylor Bean may reflect a continuation of banking
> woes.
>
> The prime mortgage problem has eclipsed sub-prime, its not going
> away, and, according to John, bank failures may trump those during
> the Depression if measured on a per capita basis.]]>
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