Comments on: It Is Difficult to be a Bank http://www.moneyandinvesting.net/2007/11/05/it-is-difficult-to-be-a-bank/ Making you richer every day. Tue, 22 Dec 2009 00:16:54 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: js http://www.moneyandinvesting.net/2007/11/05/it-is-difficult-to-be-a-bank/comment-page-1/#comment-1313 js Wed, 07 Nov 2007 06:17:29 +0000 http://www.moneyandinvesting.net/?p=92#comment-1313 There is no way the Fed and the Government let any of the big banks fail. If even one goes down it could induce a panic that could lead to a castosrophe of epic proportions...think 1929 bad...a run on banks would ensue and the US would be headed for a path of implosion. The Fed will continue to ease and pump liquidity into the markets. When the housing and mortgage industry stablizes in the next two years this could be one of the best opportunites you will see in this sector in your lifetime. P/E ratios and dividend yields are brinking on outrageous value now...if they continue a downward slide, even better! That being said WM is a great buy at these levels. But I would advise easing into the position over the next 12-18 months... There is no way the Fed and the Government let any of the big banks fail. If even one goes down it could induce a panic that could lead to a castosrophe of epic proportions…think 1929 bad…a run on banks would ensue and the US would be headed for a path of implosion. The Fed will continue to ease and pump liquidity into the markets. When the housing and mortgage industry stablizes in the next two years this could be one of the best opportunites you will see in this sector in your lifetime. P/E ratios and dividend yields are brinking on outrageous value now…if they continue a downward slide, even better!

That being said WM is a great buy at these levels. But I would advise easing into the position over the next 12-18 months…

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