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Risk? What risk?

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Risk? What risk?

08-14-2006, 08:41 PM	#1
REWahoo Moderator Emeritus Join Date: Jun 2002 Location: Texas Hill Country Posts: 17,386	NEW YORK (MarketWatch) -- "Amid concerns about the housing market and consumers, Washington Mutual and Wells Fargo on Monday said they remain confident enough about credit quality to boost their offerings of riskier loans such as subprime mortgages and home equity loans or to seek new credit card business." Uh Oh. __________________ Numbers is hard...

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Re: Risk? What risk?

08-14-2006, 08:44 PM	#2
Cut-Throat Guest Posts: n/a	Thanks Nords!

Re: Risk? What risk?

08-15-2006, 12:50 PM	#3
Nords Moderator Emeritus Join Date: Dec 2002 Location: Oahu Posts: 18,011	Anytime! The big boys may be able to handle a few portfolio hits,but I guess I'm gonna have to short FirstFed Financial again... __________________ * * For more info see "About Me" in my profile.

Re: Risk? What risk?

08-16-2006, 09:39 AM	#4
Martha Moderator Emeritus Join Date: Feb 2004 Location: minnesota Posts: 12,062	Maybe it is just because Countrywide is cutting its offerings and Wamu and Wells Fargo just want to snatch the business. __________________ . Do not rely on the information provided--my posts are not to be taken as legal advice. Needless to say you must consult with your legal representative. I am not responsible for errors. If I offended you with cya I apologize. If I did not, I tried.

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