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| User Info | Koolaid iditots; entered at 2007-12-02 14:32:49 | |||
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Jkilkelly Posts: 1561 Registered: 2007-07-20 Mercer Island WA 
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What makes the situation even far worse for WAMU and others is that their business models are entirely shattered so little support will come from current or future operations. Additionally, their cost structure is built upon a business model that is non-functional. Margins are gone so no contribution to offset legacy loan problems. Double/Triple whammy.
2007-12-02 14:32:49
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