by Bill McBride on 4/11/2008 10:33:00 AM
Note on McAfee: For some users, McAfee incorrectly flagged CR. I've spoken to McAfee, and hopefully this is resolved. You can check Google's site evaluation here.
Friday, April 11, 2008
From Bloomberg: Washington Mutual Falls on Short Sale Recommendation
``Given WaMu's disproportionate exposure to states'' where home prices are forecast to decline, Goldman expects losses between $17 billion and $23 billion, the analysts wrote. Washington Mutual may have a $14 billion provision charge in 2008 ...Yes - a rare 'short sale' recommendation - but what really got my attention was the loss estimate!
Posted by Bill McBride on 4/11/2008 10:33:00 AM