Hi,
Someone told me that Washington Mutual was one of those bank that are going to be bankrupt.
Have you hear this? Is this true?
Answers: Washington Mutual lost a lot of money on the credit crunch and on bleak mortgages, however the chances of them going broke are low. Washington Mutual will either know how to sell assets which it is losing money on, attain a loan from the federal government or be rescued by a larger dune such as JP Morgan Chase.
Very very unlikely WaMu would travel bankrupt. There are too masses alternatives. First of all, they received over $7billion surrounded by cash from TPG. Second, while the reports from speculators cry doom and dimness, the fact is WaMu is totally well diversified. Home loans is merely one of their many business lines, which includes a colossal & profitable retail bank business, commercial, loans, and credit cards. If you look at their books, you will see significant income and secure bottom rank.
Bear Stearns was adjectives or nothing. Chase is knees deep near Bear Stearns, and BofA has their hand full with Countrywide (who be all or zilch as well).
Their CEO came out during a round table finishing week indicating a very aggressive strategic plan will be introduced over the subsequent 4 weeks. I am buying now surrounded by hopes that strategic plan is thorough and brings them back to $44 a share as it be a year ago.
If not, maybe they should be.
The firm is not one of the better manage firms, and when the market be going good, they made money surrounded by spite of themselves, and now when there's belt tighting, you see the companies near good admin, WAMU is not one of them
If things continue and if the take worse, some one will swoop in and buy them out, conversion management and most of middle organization and they could turn the company
No, it's very pink for a bank at present to just run completely bankrupt. Especially a resourcefully known wall like Wamu. Even near bad headship. Banks usually get bought out if they are implicit bankruptcy. Don't be suprise when they bounce put money on by end of the year. Now is a pious time to buy some stock options on them, they're at their low. Buy ring up option out to 2009. I see a move up by 2009-2010. Just my belief...
I believe they'll be rescued by another bank, similar to they Bear Sterns was or Countrywide be... A bank failing isn't flawless for anyone. But yes, if they don't get bought out, I focus they'll fail.
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Someone told me that Washington Mutual was one of those bank that are going to be bankrupt.
Have you hear this? Is this true?
Is presently a apposite time to buy stock within GE?
Answers: Washington Mutual lost a lot of money on the credit crunch and on bleak mortgages, however the chances of them going broke are low. Washington Mutual will either know how to sell assets which it is losing money on, attain a loan from the federal government or be rescued by a larger dune such as JP Morgan Chase.
Apple (AAPL) have lost considerable ground this week, Is this a sign to BUY?
Very very unlikely WaMu would travel bankrupt. There are too masses alternatives. First of all, they received over $7billion surrounded by cash from TPG. Second, while the reports from speculators cry doom and dimness, the fact is WaMu is totally well diversified. Home loans is merely one of their many business lines, which includes a colossal & profitable retail bank business, commercial, loans, and credit cards. If you look at their books, you will see significant income and secure bottom rank.
Bear Stearns was adjectives or nothing. Chase is knees deep near Bear Stearns, and BofA has their hand full with Countrywide (who be all or zilch as well).
Their CEO came out during a round table finishing week indicating a very aggressive strategic plan will be introduced over the subsequent 4 weeks. I am buying now surrounded by hopes that strategic plan is thorough and brings them back to $44 a share as it be a year ago.
I hold 150 dollars what should i spend it on?
If not, maybe they should be.
The firm is not one of the better manage firms, and when the market be going good, they made money surrounded by spite of themselves, and now when there's belt tighting, you see the companies near good admin, WAMU is not one of them
If things continue and if the take worse, some one will swoop in and buy them out, conversion management and most of middle organization and they could turn the company
No, it's very pink for a bank at present to just run completely bankrupt. Especially a resourcefully known wall like Wamu. Even near bad headship. Banks usually get bought out if they are implicit bankruptcy. Don't be suprise when they bounce put money on by end of the year. Now is a pious time to buy some stock options on them, they're at their low. Buy ring up option out to 2009. I see a move up by 2009-2010. Just my belief...
I believe they'll be rescued by another bank, similar to they Bear Sterns was or Countrywide be... A bank failing isn't flawless for anyone. But yes, if they don't get bought out, I focus they'll fail.
Resolved Questions: