hey toro

Discussion in 'Stock Market' started by wimpy77, Mar 23, 2009.

  1. wimpy77
    Offline

    wimpy77 Member

    Joined:
    Jan 21, 2009
    Messages:
    591
    Thanks Received:
    10
    Trophy Points:
    16
    Ratings:
    +10
    do you think the banks will sell the assets?
     
  2. Toro
    Offline

    Toro Diamond Member

    Joined:
    Sep 29, 2005
    Messages:
    50,786
    Thanks Received:
    11,059
    Trophy Points:
    2,030
    Location:
    The Big Bend via Riderville
    Ratings:
    +25,123
    Yes. Some assets will be sold.

    How much, though, I have no idea.
     
  3. wimpy77
    Offline

    wimpy77 Member

    Joined:
    Jan 21, 2009
    Messages:
    591
    Thanks Received:
    10
    Trophy Points:
    16
    Ratings:
    +10
    i was wondering what your opinion was. i read today that alot of these assets may have been written down enough that banks may not be willing.
     
  4. Toro
    Offline

    Toro Diamond Member

    Joined:
    Sep 29, 2005
    Messages:
    50,786
    Thanks Received:
    11,059
    Trophy Points:
    2,030
    Location:
    The Big Bend via Riderville
    Ratings:
    +25,123
    Honestly, I really don't know. I don't think anyone does.

    I do believe the program will have some effect. Bill Gross of PIMCO said yesterday that he thought the program was interesting. So there will be some demand generated by the program but by how much, I have no idea.
     

Share This Page