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The WaMu Mess: No Surprise Here

many people like user155010 are missing out on the financial boom? . bank of america is up 70% in the last 3 weeks.

Five Stocks to Own Now that the Dow Has Bottomed

if that turns out to be the bottom let's all come back and remind some of these commentators like user235322 what idiots they are.

WaMu’s Cards: Restructuring Is About the Only One Left

from cnnmoney.com 7/14/2008

"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."

WaMu’s Cards: Restructuring Is About the Only One Left

here's the performance of PAEDX since it was formed 2 years ago (assets less than $3 million). LOL

finance.yahoo.com/q/bc...