Ouch. Colonial Left a Mark! (on Loans) – by CalculatedRisk – From Peter Eavis at the WSJ: Colonial Bank Marks a New Low for Loans … In doing the deal, BB&T is marking down Colonial loans and real-estate collateral by 37%, a number that reflects a large amount [...]

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  READ THIS:  Andy Xie: New Bubble Threatens a V-Shaped Rebound – A growing liquidity bubble that ignores structural facts is the basis for today’s happy talk about a comeback for the global economy.- conclusion – … Instead of a V-shaped recovery, we may instead get a W curve. A [...]

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To Our Clients, Colleagues and Friends,

Last week we mentioned Erin Burr up at First Security Bank.  Our friend Amy Crews Cutts over at Freddie Mac is another great name. We just wish she’d drop the “s” at the end of her middle and last name. Amy Crew Cutt would be absolutely perfect.

Andy Warhol was the [...]

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  1.  Step Two of a Housing Bottom? – by Donald Marron – Yesterday’s report on residential construction provided more evidence that step one of a housing bottom is underway — and that step two may be beginning. – Donald Marron Blog 2.  The Charming World [...]

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