A large US bank will collapse within few months

They are fucking the Financial them self
Each and every Broker comes out and down grade other brokers
I have not seen a bounce in financials a long time not even short covering:(
I am holding MER 300 share at :$26 WTF :(
 
i think some one should point out to you 'traders' that ml is a broker, not a bank.

besides, the story is just typical sensationalism. thats what journalists sell.

having said that, its whispers that took bear sterns out, and almost lehman a few months back.
 
Quote from FredBloggs:

i think some one should point out to you 'traders' that ml is a broker, not a bank.

besides, the story is just typical sensationalism. thats what journalists sell.

having said that, its whispers that took bear sterns out, and almost lehman a few months back.
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Yeah, Lehman too is an investment bank which is quite different from a Citi or BAC. Besides, Lehman isn't much larger than a couple banks that are already about to fail, like Wamu. The article didn't specify which kind of bank, but as you say it is just sensationalism.

I think Wamu has about 6 months left and then my bet would be on Citi. In terms of the strongest, I would have to go with Wells Fargo or US Bank.
 
may be its the fed reserve? its owned by wall st banks, and on paper is already bust - or would be if a borrower rather than a lender to wall st - eh?!

:confused:
 
Quote from turkeyneck:

Ex-IMF economist sees large U.S. bank collapsing: report

By Steve Goldstein

Last update: 4:34 a.m. EDT Aug. 19, 2008

LONDON (MarketWatch) -- Kenneth
Rogoff, the former chief economist of the International Monetary Fund, reportedly said Tuesday that a large U.S. bank will collapse in the next few months. "We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper, we're going to see a big one, one of the big investment banks or big banks," Rogoff told a conference in Singapore, according to a Reuters report. End of Story

http://www.marketwatch.com/news/sto...-3C5A-4E37-9E11-D242691970D7}&dist=TNMostRead
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it is going to be BAC. mark my post.
 
JPM is the safest bank in the world

Its the USA govt dirty tricks bank.

JPM would have so much dirt on the govt, the fed wouldnt dare to role it !
 
Quote from Digs:

JPM is the safest bank in the world

Its the USA govt dirty tricks bank.

JPM would have so much dirt on the govt, the fed wouldnt dare to role it !
More...

yep.
 
I'll bet by buying even MORE puts on

1. Wachovia

2. Citigroup

3. Merrill (I hate Merrill!:mad: Used to be a Broker there for several years. Couldn't see a better Inv. Bank go down than MER!:) )
 
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