Are their more write downs to come from the banks?

by **dorlomin** » Mon 14 Sep 2009, 19:35:30

We all know that Option ARMS were a bomb waiting to go off, but in the meantime banks have been writting of expected losses and renegotiating some mortgages.

Is the option arm time bomb still primed or has it been priced into the write downs already?

by **ian807** » Mon 14 Sep 2009, 21:39:12

Does the pope shit in the woods?

by **americandream** » Mon 14 Sep 2009, 23:28:36

dorlomin wrote:We all know that Option ARMS were a bomb waiting to go off, but in the meantime banks have been writting of expected losses and renegotiating some mortgages.

Is the option arm time bomb still primed or has it been priced into the write downs already?

Rate exposed assets are not the issue. Every asset subject to a debt security is rate varible from time to time.....marketing them in a slice and dice stew of bafflingly complex titular nonsense is. And that activity is not going to stop any time soon.

Are their more write downs to come from the banks?

Are their more write downs to come from the banks?

Re: Are their more write downs to come from the banks?

Re: Are their more write downs to come from the banks?

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