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|User Info||What are the safest Banks in So. Cal.?; entered at 2007-12-01 21:23:09|
Registered: 2007-06-27 Thailand
Yeah, Wells was doing a ****load of mortgages the last few years. In that environment, they had to be competitive to get the volume. In being competitive, they were NOT conservative. I don't even need to know the details on that.|
I agree with the electronic systems hiccup in August. Even a two-bit industrial plant has redundancy and firewalls in place to ensure that such interruptions are near impossible. A major bank nationwide bank.....?
One of my biggest put positions is WFC.