Friday, June 20, 2008
Calculated Risk has a link on how BofA is being downgraded due to the risks inherent in the Countrywide loan portfolio. So which banks do you think will be downgraded or fail within the next 12 months? How about even within 2008?
Wachovia, Indymac, Downey and a dozen others are obvious targets.
I'd like to hear what are the weak links internationally. Heck, update me on the East coast wink links too!