Ok, so which goes bust 1ST...Lehman...

[Mega]

......Or Indymac or Freddie or Fanny......Place your bets!
Mike

[Mega]

Re: Ok, so which goes bust 1ST...Lehman...

Oh, yes and as for Paulson saying they enough funds, its a bit like the Captain of the Titanic saying he only stopped to pick up some ice!
Mike

[Jeff]

Re: Ok, so which goes bust 1ST...Lehman...

Mike

More importantly, which goes tits up first; Bank of America or Citibank?

[ax]

Re: Ok, so which goes bust 1ST...Lehman...

Mike

More importantly, which goes tits up first; Bank of America or Citibank?

Personally, I'm hoping for Citibank since I own puts against it. But I don't think the boys will let any of the three fail. Flounder and flop yes, but fail, no.

[Mega]

Re: Ok, so which goes bust 1ST...Lehman...

I take the Captain Kirk way here:-

"Zulu Photon torpedoes.......full spread!"

Short them ALL!!!!!
Mike

[moonshot]

Regulators Seize Mortgage Lender

Mega, if you're still taking wagers, I'll take IndyMac for as much as you've got.

NY Times article

Federal regulators seized IndyMac Bancorp on Friday evening, marking one of the largest bank failures in American history.

[Mega]

Re: Ok, so which goes bust 1ST...Lehman...

Ah................We have a winner!
Mike

[sunskyfan]

Re: Ok, so which goes bust 1ST...Lehman...

Bank of America .. .Citibank will be bailed out since I believe they won the contract to be be the "government credit card" last fall.

[Nervous Drake]

Re: Ok, so which goes bust 1ST...Lehman...

.