Don Agree

Well-Capitalized Regional Banks: The Bottom Is In

Indy mac failed due to a run on assets 2 days before the FED took over. Hey all of you who are under 40 or can't remember the 80's. We had a huge thrift collapse in the 80's. over 150 banks closed They did the resolution trust and everything was fine under 100,000.00 no wories. IRA 250,000 got more then that in one account you need serious financial supervison. They have figured it out for you,talk to your bank

Want to save a bank tell all your friends to go to a professional loan modification company. Yes good honest companies exist. I just modified my loan for less then it cost me to get it in the first place.

A pay option arm in a neighborhood with matching forclosed homes

they lowered the loan amount, by 150,000 and matched the selling price in the neighborhood. gave me a 30 year fixed at 6%. a loan I can afford. With my reduced income.

They now have a performing loan on their books. WoW what a concept.. Tell your friends The state of California now has a law they have to try to modify the loan before going to Forclousure.

A non performing or suspect loans have to have an equal amount of cash on hand dollar for dollar. You don't get this from sensational yellow journelism that is the reason they are writing down assets that is the tekkie jargon. Oh by the way when the market does turn do you write up assetts. This is not the first rodeo for this. How about a pundent who is 50 something and can remember. Oh no lets all panic like huge cracks are appearing in the earth and large rocks are falling from the sky.

Good luck to you all