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National City Bank shares drops 52% -is this next ?

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National City Bank shares drops 52% -is this next ?

Unread postby section451 » Mon 29 Sep 2008, 15:24:29

http://www.cnbc.com//id/26941899
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Re: National City Bank shares drops 52% -is this next ?

Unread postby VMarcHart » Mon 29 Sep 2008, 16:12:19

So be it.
On 9/29/08, cube wrote: "The Dow will drop to 4,000 within 2 years". The current tally is 239 bold predictions, 9 right, 96 wrong, 134 open. If you've heard here, it's probably wrong.
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Re: National City Bank shares drops 52% -is this next ?

Unread postby Forney2008 » Mon 29 Sep 2008, 16:24:00

SO BE IT JEDI!! BWHHAHAHAHA
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Re: National City Bank shares drops 52% -is this next ?

Unread postby nero » Mon 29 Sep 2008, 16:59:18

yes,

unless some European or Asian banks jump the queue overnight.
Biofuels: The "What else we got to burn?" answer to peak oil.
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Re: National City Bank shares drops 52% -is this next ?

Unread postby benzoil » Mon 29 Sep 2008, 18:37:26

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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Re: National City Bank shares drops 52% -is this next ?

Unread postby Cyrus » Mon 29 Sep 2008, 18:38:20

Check out Wachovia too!
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Re: National City Bank shares drops 52% -is this next ?

Unread postby benzoil » Mon 29 Sep 2008, 18:51:28

Cyrus wrote:Check out Wachovia too!


Don't you mean "Wachovia: A wholly owned subsidiary of Citigroup" ? :-D
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