Moody's downgrades Wells Fargo

[DFF]

http://online.wsj.com/article/SB123800425598940325.html

Big surprise after taking over Wachovia.

 

[Bruno]

Should have bought WFC at 8/share and sold it at $17 two weeks later!

 

[DFF]

I say something similar to that (with a few expletives added) every single day. "If only I had...."Why didn't I" "I should've faded here" yada yada yada....

 

[Bruno]

That's so true ^

What did they downgrade it to? The link wouldn't give me the full story unless I became a subscriber.

 

[tmosley]

Wells Fargo of Lubbock hasn't paid the mortgage on their buildings in something like 6 months. They're going to collapse a lot faster than anyone thinks.

 

[DFF]

What did they downgrade it to? The link wouldn't give me the full story unless I became a subscriber

Their preferred stock is now junk.

 

[smithtg]

http://online.wsj.com/article/SB123800425598940325.html

Big surprise after taking over Wachovia.

and WF was supposed to be one of the "stronger banks"

of course the whole moodys ratings are nonsense, just like fiat money

 

[Sarge]

Add BAC to the downgrade list,

http://www.anotherfp.com/newsite/story2.php?id=222

 

[DFF]

They (Moodys) ought to just downgrade the whole US and get it over with.

 

[Sarge]

They likely will before it is all over.

 

[HOLLYWOOD]

What? Moody's growing a conscience?

Oh how I would love to listen to the NSA tapes/Storage on dialog between the ratings companies and the Banksters for the past 5 years.

Same BULLSHYT as their other ratings like GE... downgrade, but give big accolades for the future.

This whole system is rigged and the FBI and NSA should be reviewing all transcripts between the Rulers and Enablers.

 

[Sarge]

They are getting wise to this whole ponzi scam,

http://www.businessinsider.com/it-l...-america-are-already-gaming-the-system-2009-3

Tonight was the first time I heard them talking about CHINA ready to deep six the dollar.

Some reporting, might be starting to think they need to come out, before they tank the entire paycheck they get.

 

[icon124]

Honestly if any bank is going to bounce bank and dominate the industry I think it will be Wells Fargo.

 

[slacker921]

Honestly if any bank is going to bounce bank and dominate the industry I think it will be Wells Fargo.

They just lost me in a refinance.... then bought my new mortgage. Even though I called and tried to get them to refinance me since they already had my load they let it go and then PAID MORE to get it back.

I hope they don't dominate the industry.

 

[kathy88]

They just lost me in a refinance.... then bought my new mortgage. Even though I called and tried to get them to refinance me since they already had my load they let it go and then PAID MORE to get it back.

I hope they don't dominate the industry.

same exact thing here