muley101

SEC Shorting Restrictions: Are Some Banks Being Set Up?

Thanks for this article. Now I know why my usual day trading strategy for WM was not working today. They were not moving with the rest of the pack as indicated by the RKH and XLF ETFs.

Writedowns and Capital Raised by Financial Firms

Yep, I'd like to see a comparison of C and WM showing total loan portfolio vs % of writedowns. WM should have the same or more bad loans as C as a % of total, especially since most of their loans are on the west coast and Florida. It that is true then there is no way they can survive and their recent statements regarding sufficient liquidity should send their board to jail.