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User Info Wells writeoff was on PRIME loans.; entered at 2007-12-01 21:45:04
Mtgspy
Posts: 6202
Registered: 2007-10-27
I was long WFC to hedge. But their delinquency started taking off and catching up with WM/CFC, so time to go. I bot them 35s over a couple of months ago, unloaded them 31.5 a couple of days ago. In the end, differentiation is minimal.
2007-12-01 21:45:04