Bman

Options Trader: Thursday Outlook

Okay...time to be personal...you don't know Sh*t. You make statements like JPM buying WM? What the F*ck do you know. You people are so full of it.

WaMu Borrower Purposely Defaults, Gets Foreclosed On, Sues

Did you read your loan documents Chuck?

Buyout Not the Best Option for WaMu Shareholders

What blog is this? I'm confused.

Of Rumors and Bank Runs

I wish I could short "Seeking Alpha"...the authors of these articles are bankrupt.

Of Rumors and Bank Runs

You need to learn the differences between a run on a Bank (deposits), stock price (ability to raise capital) and credit cost (open market debt costs). You seem to speak about all of these as if they are the same and impact a Bank the same.

WaMu and More: Uninsured Depositors Begging for Trouble

Wez...you lack facts. State...you lack facts. The fact is that no bank in the world has enough cash to withstand a run. Fact! Hysteria and the current market environment ensured InduMac's failure. Fact! IndtMac business practices made it vulerable to the prior point. Fact. Irresponsible blog articles can result in hysteria...the rest is obvious.

Be stupid or an idiot. But the above are facts.

WaMu and More: Uninsured Depositors Begging for Trouble

Wez...you better check the article...you quote too generously. Also, you should read my post.

It is stupid...just look at what happen to IndyMac.

WaMu and More: Uninsured Depositors Begging for Trouble

Good advice on one level, but I think comments like this that single out any Bank by name are foolish and irresponsible...even for a blog. In fact, I you'd be an idiot to think that a "run" couldn't be generated by news hysteria...on any Bank right now.

Yes, be smart and be insured. NO! Doubt be an idiot (Schummer-like) and create hysteria.

Regional Banks: Too Small to NOT Fail

Oh man...you really need to do your homework! The "too big" and "too little" comments are completely in error and miss the primary business drivers that lead to liquidity problems. IT'S LEVERAGE! Bear Sterns was 30:1...I have no idea what Countrywide had going from an actual ratio, but there model was on the high end of mortgage bank leverage.

Please get rid of your short positions so you can move on in your investment life.

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.

Wells Fargo Seeking Fed Shotgun Marriage

Hey...I should know...check your facts. The Option ARM ltv's for WAMU are published. Although your comments are logical...they don't apply to this reality.