gov good news==> gov and bank pump up stocks==> high stock prices + pony stress test results==> banks are busy for offering IPOs (GS 5B, right after stress test, wfc 7.5b, MS 3.5b). ==> mission accomplished.

no wonder Ben said no need for congress to approve more taxpayers money :).

what a manipulated market! Once banks and gov get what they want, 散户 need to be careful.



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mission completed! changing rule of accouting works!
来源: pediatrician2 于 09-04-09 19:38:31 [档案] [博客] [旧帖] [转至博客] [给我悄悄话]


8226; 金桥贷款 conf 30fixed 4.875% No Closing Cost Email: [email protected] or call Eric @650-483-9278

that trick really works, thanks lord. Gov should have changed the rule of accouting long time ago? WFC wrote down 6 billions in previous quarter. Obviously, the current quarter (1st quarter of 2009 is worse than the previous one in terms of real estate). However WFC only writes down 3 billion this quarter!

magic! Should WFC write down 6b this quarter, its profit is zero.

Well WFC may indeed make a lot of money from refi though. those people in traditional 417k range get really good rates.

WFC typically has highest mortgage rate. If WFC makes a lot of money from writting loans, this may mean other banks may do better.

pump up bank stocks, attract capitals from investors both domestically and internationally. Mission accomplished.