View Single Post
Old 09-26-2008, 05:07 PM  
Eriic
So Fucking Banned
 
Join Date: Jan 2008
Posts: 2,995
Quote:
Originally Posted by kane View Post
I just read that Wachovia stock went down 27% today as talks started that other banks were considering buying it.

http://www.reuters.com/article/topNe...Name=topNew s

The domino effect is starting.
If banks can't make money and end up carrying shit loads of debt of course their stock ain't worth Dick..............A new way of Banking has to be in place such as not loaning money to those who can't afford homes and cars
Eriic is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote