dalhbw

Wachovia/Golden West: The 'True Story'

My, hindsight is usually 20-20, but your view is far worse than the reality of the deal. But, you seem to enjoy mocking & kicking those who are already down. Look forward, not back. What do you know about how many of those GDW mortgages are really problem credits? You hear and see a lot of macro-talk about the portfolio. But how much of it is bad, and what percentage actual loss is expected to be realized at the end of the road?