STR's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/159084/comments http://seekingalpha.com/article/84194-3-heavily-shorted-stocks-primed-for-a-rebound?source=feed#comment-221271 221271 Sat, 02 Aug 2008 21:35:42 -0400 http://seekingalpha.com/article/88669-probe-of-citigroup-et-al-could-hit-financial-etfs?source=feed#comment-220840 220840 Sat, 02 Aug 2008 02:14:48 -0400 http://seekingalpha.com/article/88669-probe-of-citigroup-et-al-could-hit-financial-etfs?source=feed#comment-220839 220839 ]]> Sat, 02 Aug 2008 02:13:22 -0400 ]]> http://seekingalpha.com/article/88669-probe-of-citigroup-et-al-could-hit-financial-etfs?source=feed#comment-220837 220837 Sat, 02 Aug 2008 02:09:21 -0400 http://seekingalpha.com/article/88523-the-wamu-mess-no-surprise-here?source=feed#comment-220123 220123 Fri, 01 Aug 2008 10:14:08 -0400 http://seekingalpha.com/article/88196-five-stocks-to-own-now-that-the-dow-has-bottomed?source=feed#comment-219601 219601 Thu, 31 Jul 2008 15:57:08 -0400 http://seekingalpha.com/article/87315-wamu-8217-s-cards-restructuring-is-about-the-only-one-left?source=feed#comment-216762 216762
"What we're seeing is mostly just investor panic," said Gerard Cassidy, RBC Capital Markets analyst, who does not believe that either bank is on the verge of failure. "These companies have a considerable amount of capital."

At the time of collapse, IndyMac's debt was 140% of its tangible capital and reserves, but both WaMu and National City have a debt level of less than 50% of its assets, Cassidy said.

"It's bad and it's not over yet, but investors are throwing out the baby with the bath water," he added. "The prospect of one of these banks failing is far-fetched. Both have ample liquidity."



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"What we're seeing is mostly just investor panic," said Gerard Cassidy, RBC Capital Markets analyst, who does not believe that either bank is on the verge of failure. "These companies have a considerable amount of capital."

At the time of collapse, IndyMac's debt was 140% of its tangible capital and reserves, but both WaMu and National City have a debt level of less than 50% of its assets, Cassidy said.

"It's bad and it's not over yet, but investors are throwing out the baby with the bath water," he added. "The prospect of one of these banks failing is far-fetched. Both have ample liquidity."



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finance.yahoo.com/q/bc...]]> Mon, 28 Jul 2008 14:45:48 -0400
finance.yahoo.com/q/bc...]]> http://seekingalpha.com/article/85058-chinese-solar-stocks-present-compelling-value?source=feed#comment-215812 215812 Sun, 27 Jul 2008 14:40:46 -0400 http://seekingalpha.com/article/83132-the-bank-of-america-bug?source=feed#comment-199043 199043 Sun, 06 Jul 2008 02:31:47 -0400 http://seekingalpha.com/article/73752-those-bubbling-solar-stocks?source=feed#comment-158962 158962 Tue, 29 Apr 2008 19:19:25 -0400 http://seekingalpha.com/article/73082-don-t-count-on-a-fast-turnaround-for-thornburg-mortgage?source=feed#comment-154418 154418 Mon, 21 Apr 2008 22:03:46 -0400 http://seekingalpha.com/article/67104-thornburg-s-a-huge-bargain-after-monday-s-crash?source=feed#comment-122257 122257 Wed, 05 Mar 2008 02:40:09 -0500 http://seekingalpha.com/article/66799-time-to-short-financial-stocks-starting-with-bofa?source=feed#comment-121790 121790 Tue, 04 Mar 2008 00:44:08 -0500 http://seekingalpha.com/article/66651-does-wall-street-properly-value-google-apple-brand-loyalty?source=feed#comment-120993 120993 Sat, 01 Mar 2008 19:02:13 -0500