Posted on 22 July 2008
Tags: aapl, etfc, fre, wb, wm, xmsr
A real good camp to play is still with E * Trade (NASDAQ: ETFC).
I have several months, and I am still surprised that the company has survived his major mistakes in the mortgage business and the defamation of shit Prashant guru Citi (You know, this bank, which eventually even problems…). I have a lot of money with E * Trade in the past few months by communicating and at the same time and under tension my account of a blade European brokerage (Deutsche Bank Maxblue) E * Trade itself, because they have an appealing and its platform is quickly, although my former broker had great difficulty in international trade (You never, if your order was finally).
On Monday I could not resist, since the camp was so weak in Euros, which I bought some. I was about 30% Earnings sold when I yesterday, but in some ways, I think that I sold too soon: The stock is up today and probably in the next week. On the other hand, the profit is already on my account.
Posted on 22 July 2008
Tags: aapl, fre, hov, rf, wb, wm
Wachovia issued to “A + / A-1″ from creditwatch, a stable perspective to PS & S & P lowered its credit rating of Wachovia to “A + / A-1″ to “AA-/A-1 + ‘. In the same time, reduces long-term credit to Wachovia Bank NA to “AA-” from “AA”. “The downgrade reflects the higher than expected loss, forecasts Wachovia residential district of Pick-a-payment portfolio of mortgages, which are weakened, the operating results for the short term. The one and a half have Golden West have taken a levy on Wachovia performance gains, but that era is coming to an end. “The company has announced on June 30, the option is that the output of adjustable mortgage business and is now focused on aggressive lending Pick-a-payment of mortgages. Wachovia under 122 billion U.S. dollars of Pick-a - Payment portfolio, 71 billion U.S. dollars or 58% of this portfolio is the difficulty in California residential real estate market, and the entire portfolio is very important and 24% of the loans.
