Bman

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.