Morgan Offer for Wachovia Makes Sense - Todd Sullivan - Value Plays - refers to stocks: BSC / JPM / STI / WB - seeking alpha
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Baby Boomers Face Massive Loss of Retirement Wealth Due to Housing Market Meltdown - Plummeting house prices will leave millions of homeowners dependent on Social Security in their retirement - … projects that if house prices were to stay the same through 2009, the median household would have 24.7 percent less wealth than the median household in this age group in 2004. If real house prices fall 10 percent, the median household would see a 34.6 percent loss in wealth compared with the median in 2004 and a 45.6 percent falloff if prices fall by 20 percent. … - Dean Baker - cepr.net
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Fasthold Capital Latest to Join Distressed Mortgages Fray - PAUL JACKSON - housingwire
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Chicago Merc Customers Citadel, JPMorgan Rebel for Cheap Trades - Matthew Leising and John Lippert - Bloomberg
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Washington Mutual (WM) Target Slashed to $10 on Loan Loss Reserve (WM) - Jonathan Kennedy - .. on the expectation that the thrift will front-end load its loan loss provision. Given the the stock is at $6, this still calls for a Hail Mary recovery. So if Lehman really believed the stock were headed to $10, it would probably upgrade it to Buy. … - ClusterStock
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