Moc and AFG down by 30%. Banks up as far as 6.5% Can't see the...

Moc and AFG down by 30%. Banks up as far as 6.5%

Can't see the government allowing the mortgage industry to be destroyed like this without some intervention or change.
I still wouldn't buy these shares but the brave willing to lose it all might see a bounce one day.

I'd be selling into any recovery ASAP. if the government intervene and change or ignore the recommendations you'll regret selling if they don't you save yourself a lot of pain and be glad you did.