Why invest in any bank? Their business models are all highly leveraged and most of the assets that they have a lean over on their loans will be seriously devalued over the next couple of years. There might be another year or two before the credit/housing bubble really unwinds with a vengeance but when it does the lending game will be about the worst game to be in.
I think most if not all of the banks have raised capital... they're investing in cash and it's a very good idea.
Why invest in any bank? Their business models are all highly...
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$28.70 |
Change
-0.120(0.42%) |
Mkt cap ! $86.67B | |||
| Open | High | Low | Value | Volume |
| $28.72 | $28.80 | $28.66 | $7.145M | 248.7K |
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| No. | Vol. | Price($) |
|---|---|---|
| 11 | 3329 | $28.70 |
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| Price($) | Vol. | No. |
|---|---|---|
| $28.71 | 2197 | 18 |
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