ponedjeljak, 02.11.2009.
Is Wells Fargo Making AIG#39;s Suicidal Mistake? (WFC)
Is Wells Fargo Making AIG#39;s Suicidal Mistake? (WFC)
What killed AIG was not bond defaults. It was collateral calls. Time for Wells to detail its collateral-call exposure.
According to sources currently working out these loans at Wells Fargo and confirmed by Dan Alpert of Westwood Capital, when selling tranches of commercial mortgage-backed securities below the super senior tranche, Wachovia promised to ...
Wells Fargo#s (NYSE: WFC) mobile banking service received an Exceptional - A rating from ABI Research based on their US Banks Report Card. ABI does market.
Is it possible that even after AIG, Wells Fargo could make the same stupid mistake? Could they really have overlooked Collateral Call risk? At this point, given the widespread idiocy in the banking sector, anything#s possible. ...
Wells Fargo#s (NYSE: WFC) mobile banking service received an Exceptional - A rating from ABI Research based on their US Banks Report Card. ABI does market.
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