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To: Frantzie
Good move on going Canadian! Just stay away from BOM.

Wells is truly the sick man. I should have used them as my example with the Toddster than Citi.

US Bank might be OK.

Frankly the best domestic picks are local community banks and credit unions.

The regionals are the worst as they are too risky but yet do not have "too big to fail" protection.

I'm also no fan of PNC as they bought NCB that had all that toxic subprime North Carolina Real Estate.

29 posted on 09/04/2009 8:34:27 PM PDT by NeoCaveman (has created or saved 150,000 posts, sure.)
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To: NeoCaveman

Yeah I figure BOM was an avoid due to leftist Quebec.

Buffett is a big shareholder in Wells so I don’t like them. The CEO is pretty good - his family owned a financial/bank company that actually merged in and took over Wells. I forget their name it was midwestern.

Local banks and CUs but you have to check em out. Ditto on regionals. They took almost the same risks as the big dog sh*t mega banks or money centers.

I thought PNC bought Core States and First Union/Wachovia bought NCNB but I could be wrong.

Boy Wacovia which had also been Bank Atlanta was really ruined when it became part of First Union.


31 posted on 09/04/2009 8:49:37 PM PDT by Frantzie (Lou Dobbs & Glenn Beck- American Heroes! Bill O'Reilly = Liar)
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