Bman

Wells Fargo Seeking Fed Shotgun Marriage

Come on..."the power of yes" is associated with vintages years before the meltdown. I think the delinquency information shows that the vintages that are bad are far more recent. Without question, Option ARM's are part of the story, but you clearly have an axe to grind. Come on. You are part of the hysteria...not the history. Oh wait...you are only speaking from a point of history.

I would like to point out that Fannie Mae is seeking additional credit. The is an article today about practices at Chase to get around income requirements (look up the ticker and the article is there). How are these linked to WaMu?

Let's all say it..."WaMu bad". Okay, that was cleansing.

Yes, I have a financial interest in WaMu and yes, I feel stupid for it (didn't sell enough on the way down). I just don't like bitter former employees making it worse.