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BAHAHAHAHAHAHAHAHA!!! ROFLMAO!!!
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All Comments by buyitcheap »Worst of Credit Storms Is Over for U.S. Banks - Fitch [View article]
Most of those assets are CLINGING to level 2, and before they slide into mark to magic, or worse, an actual market value, dozens of banks will have merged, bought or be under FDIC management.
I suppose Fitch is going to upgrade FNM and FRE to a buy too because they're "up 20%" from their lows?