WAMU today Wachovia next.

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  • kane
    Too lazy to set a custom title
    • Aug 2001
    • 20684
    #1

    WAMU today Wachovia next.

    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...edName=topNews

    The domino effect is starting.
    Tags: None
    • Eriic
      So Fucking Banned
      • Jan 2008
      • 2995
      #2
      Originally posted by kane
      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...edName=topNews

      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

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        • xmas13
          Confirmed User
          • Dec 2004
          • 5176
          #3
          Originally posted by Eriic
          A new way of Banking has to be in place such as not loaning money to those who can't afford homes and cars
          So Western European, Chinese, Japanese bankers should not loan the USA any more money?
          ICQ 557504926

            Comment

            • marketsmart
              HOMICIDAL TROLL KILLER
              • Dec 2004
              • 20419
              #4
              Originally posted by xmas13
              So Western European, Chinese, Japanese bankers should not loan the USA any more money?
              no, they shouldnt.... the US needs to spend within their means just like they tell americans to...

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