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section451
Coal
Joined: Jul 15, 2008
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VMarcHart
Light Sweet Crude
Joined: May 26, 2008
Posts: 1190
Location: Chicago, IL
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 Posted: Mon Sep 29, 2008 2:12 pm Post subject: Re: National City Bank shares drops 52% -is this next ? |
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So be it.
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9/29/08, cube, The Dow will drop to 4,000 within 2 years |
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Forney2008
Heavy Crude
Joined: Apr 16, 2008
Posts: 121
Location: Western PA, USA
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nero
Light Sweet Crude
Joined: May 22, 2004
Posts: 1438
Location: Ottawa, Ontario
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| Posted: Mon Sep 29, 2008 2:59 pm Post subject: Re: National City Bank shares drops 52% -is this next ? |
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yes,
unless some European or Asian banks jump the queue overnight.
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benzoil
Heavy Crude
Joined: Aug 26, 2005
Posts: 447
Location: Windy City No Longer
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| Posted: Mon Sep 29, 2008 4:37 pm Post subject: Re: National City Bank shares drops 52% -is this next ? |
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Fortune mag thinks not
The article states that they have a much better capital ratio than WaMu or Wachovia.
*shrug*
Right now, I'd say they look fairly strong. That said, at this point (with the US market dropping um....778 points today), I wouldn't go long on ANYONE.
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Cyrus
Intermediate Crude
Joined: Jan 25, 2005
Posts: 629
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| Posted: Mon Sep 29, 2008 4:38 pm Post subject: Re: National City Bank shares drops 52% -is this next ? |
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| Check out Wachovia too! |
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benzoil
Heavy Crude
Joined: Aug 26, 2005
Posts: 447
Location: Windy City No Longer
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| Posted: Mon Sep 29, 2008 4:51 pm Post subject: Re: National City Bank shares drops 52% -is this next ? |
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| Cyrus wrote: | | Check out Wachovia too! |
Don't you mean "Wachovia: A wholly owned subsidiary of Citigroup" ? 
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