A large US bank will collapse within few months

Discussion in 'Wall St. News' started by turkeyneck, Aug 19, 2008.

  1. 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 :(
     
    #11     Aug 19, 2008
  2. FredBloggs

    FredBloggs Guest

    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.
     
    #12     Aug 19, 2008
  3. 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.
     
    #13     Aug 19, 2008
  4. FredBloggs

    FredBloggs Guest

    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:
     
    #14     Aug 19, 2008
  5. Daal

    Daal

    If the US has a very long and deep recession WB could go under.
     
    #15     Aug 19, 2008
  6. it is going to be BAC. mark my post.
     
    #16     Aug 19, 2008
  7. So marked. God help us all if you're right.

    JPM? Not unless its armageddon.
     
    #17     Aug 19, 2008
  8. Digs

    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 !
     
    #18     Aug 19, 2008
  9. FredBloggs

    FredBloggs Guest

    yep.
     
    #19     Aug 19, 2008
  10. 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!:) )
     
    #20     Aug 19, 2008