Comments on: Wachovia – Time to Bail? http://blownmortgage.com/2008/09/28/wachovia-time-to-bail/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Mon, 09 Nov 2009 22:42:54 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: mgdungan http://blownmortgage.com/2008/09/28/wachovia-time-to-bail/comment-page-1/#comment-12830 mgdungan Mon, 29 Sep 2008 20:10:29 +0000 http://blownmortgage.com/?p=1387#comment-12830 I couldn't run the video, Marko, but I'm going to make a wild guess that it's something negative.<br><br>This isn't really a bail out, more of a seizing control and wiping out certain classes of debt and equity holders.<br><br>More mark-to-marketing too. If it weren't for the much larger crisis with the Paulson Bailout Plan today getting all the attention, we'd be hearing a lot more about it. <br><br>Fortunate coincidence, I guess. Yeah, that's it, fortunate coincidence.<br><br>mg I couldn't run the video, Marko, but I'm going to make a wild guess that it's something negative.

This isn't really a bail out, more of a seizing control and wiping out certain classes of debt and equity holders.

More mark-to-marketing too. If it weren't for the much larger crisis with the Paulson Bailout Plan today getting all the attention, we'd be hearing a lot more about it.

Fortunate coincidence, I guess. Yeah, that's it, fortunate coincidence.

mg

]]> By: mgdungan http://blownmortgage.com/2008/09/28/wachovia-time-to-bail/comment-page-1/#comment-12831 mgdungan Mon, 29 Sep 2008 20:00:24 +0000 http://blownmortgage.com/?p=1387#comment-12831 Re: investing overseas. You've got a good point, Frank. But you've got to make sure you can repatriate those $$ when you need them.<br><br>Taking money out of your home country has been a precaution of the thirld world, up until now that is. Amazing what things have come to.<br><br>mg Re: investing overseas. You've got a good point, Frank. But you've got to make sure you can repatriate those $$ when you need them.

Taking money out of your home country has been a precaution of the thirld world, up until now that is. Amazing what things have come to.

mg

]]> By: marko http://blownmortgage.com/2008/09/28/wachovia-time-to-bail/comment-page-1/#comment-12829 marko Mon, 29 Sep 2008 13:03:08 +0000 http://blownmortgage.com/?p=1387#comment-12829 Interview representatives of Wachovia.<br>Such details of the transaction are unlikely to have waited!<br><a href="http://tubedirect.net/index.php?q=Wachovia-interview-CNN" rel="nofollow">http://tubedirect.net/index.php?q=Wachovia-inte...</a><br>all this... Personally, I do not like it Interview representatives of Wachovia.
Such details of the transaction are unlikely to have waited!
http://tubedirect.net/index.php?q=Wachovia-inte...
all this… Personally, I do not like it

]]> By: Frank Miller http://blownmortgage.com/2008/09/28/wachovia-time-to-bail/comment-page-1/#comment-12828 Frank Miller Mon, 29 Sep 2008 03:56:20 +0000 http://blownmortgage.com/?p=1387#comment-12828 This is a very disturbing trend with our banks, but it should serve as a wake up call to all American investors. If you want to protect your money, you need to diversify and invest at least some of it overseas. These are hard times for American investing firms. I personally use offshore bank accounts and they have helped me with diversification and asset protection. If you want to read more on why offshore investing is smarter, feel free to visit my website. <br><br>Best, <br>Frank Miller <br><a href="http://www.theoffshorebankaccount.com" rel="nofollow">http://www.theoffshorebankaccount.com</a> This is a very disturbing trend with our banks, but it should serve as a wake up call to all American investors. If you want to protect your money, you need to diversify and invest at least some of it overseas. These are hard times for American investing firms. I personally use offshore bank accounts and they have helped me with diversification and asset protection. If you want to read more on why offshore investing is smarter, feel free to visit my website.

Best,
Frank Miller
http://www.theoffshorebankaccount.com

]]>