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  • Buffett's Latest Headache: U.S. Bancorp [View article]
    Actually, it indicates that they are setting money aside early to cover their 1st Quarter losses. It doesn't necessarily mean that they have a good loan portfolio.

    Although their portfolio is almost certainly "better" than those of Citi, BAC, and the other "money center" felons.


    On Jan 21 04:33 PM MichaelNW wrote:

    >
    > USB credit losses were more than covered by funds set aside to cover
    > for them. This speaks to the bank having a better loan portfolio
    > than they are currently getting credit for.
    Jan 21 19:20 pm |Rating: +2 -2 |Link to Comment
  • Did Buffett Kill the (First) Wells Fargo-Wachovia Deal? [View article]
    Felix, Are you implying that Saint Warren is corrupt??

    You could be run out the industry for such heresy.
    Oct 01 17:50 pm |Rating: 0 0 |Link to Comment
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