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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$29.59 |
Change
0.400(1.37%) |
Mkt cap ! $88.78B | |||
| Open | High | Low | Value | Volume |
| $29.51 | $29.70 | $29.37 | $169.6M | 5.745M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1149 | $29.55 |
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| Price($) | Vol. | No. |
|---|---|---|
| $29.59 | 12028 | 1 |
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