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Bob from Montreal
1 Comment
Wait for August FFIEC Call Reports Before Taking a Long Position in Banks [view article]
I am in the same situation as Norm, so I understand. But when all this mess will be cleaned up there will certainly be some winners. I mean people will still need banks and will tend to go to safe/strong institution. The question everybody should ask now is 'who will be the winners? The time it will take to recover is less important as long as you keep receiving the dividend you need for living. Personnaly I put my bet on Bank of America. Jul 25 03:09 PM