Anyone like bank stocks?

[Running_Man]

AFAIK, CSE doesn't do much/any subprime lending. They are basically a small commercial lender.

The market is tossing stuff out regardless of fundamentals or anything else. I think that financials and other hard hit sectors are close to finding a bottom.

CSE Down 12% today must be a bad day for small commercial lenders, bottoms are sometimes further down than they appear.

 

[al_bundy]

TMA

Thornburg Mortgage down 46% today. COO was on Larry Kudlow and said dividend is delayed and they are having trouble funding mortgages. He said only 38 mortgages out of 30,000 or so are in default.