Seattle Bubble Forum Archive

by **TJ_98370** » Fri Nov 09, 2007 11:50 am

..

Wachovia Corp., the fourth-biggest U.S. bank, said mortgage-related losses total $1.7 billion so far this quarter, more than the lender reported for the previous three months.....
..

by **rose-colored-coolaid** » Fri Nov 09, 2007 1:52 pm

by **sniglet** » Fri Nov 09, 2007 2:14 pm

by **TJ_98370** » Fri Nov 09, 2007 3:00 pm

sniglet-

I agree. J6P is either purposely blissfully ignorant or quivering in quiet desperation.

Actually, it's probably an inability to relate to these events at a level meaningful to the individual. ------ So what if Countrywide implodes. I'm still employed, I've got my cable TV, a full stomach, and the Suburban still has half a tank. What's the problem?

by **rose-colored-coolaid** » Fri Nov 09, 2007 5:24 pm

by **TJ_98370** » Sat Nov 10, 2007 9:55 am

by **rose-colored-coolaid** » Sat Nov 10, 2007 10:09 am

by **TJ_98370** » Sat Nov 10, 2007 10:20 am

by **biliruben** » Sat Nov 10, 2007 11:04 am

"A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional and orthodox way along with his fellows, so that no one can really blame him".
-- John Maynard Keynes

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