Comments on: Downey Savings Showing Signs of Trouble http://www.bankaholic.com/downey-savings/ Compare the Best CD (Certificate of Deposit) Rates, Highest Money Market Rates, Best Savings Accounts, Bank Deals, Interest Rates and Bank Reviews! Sat, 20 Mar 2010 17:23:31 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Teri http://www.bankaholic.com/downey-savings/comment-page-1/#comment-145698 Teri Sat, 22 Nov 2008 04:23:39 +0000 http://www.bankaholic.com/?p=528#comment-145698 Downey Savings was siezed by the FDIC tonight, then purchased by US Bancorp. It will be fine... don't panic. Downey Savings was siezed by the FDIC tonight, then purchased by US Bancorp. It will be fine… don’t panic.

]]> By: edward barns http://www.bankaholic.com/downey-savings/comment-page-1/#comment-144918 edward barns Thu, 20 Nov 2008 00:27:19 +0000 http://www.bankaholic.com/?p=528#comment-144918 I have a relative in this company and he says... GET OUT I have a relative in this company and he says… GET OUT

]]> By: Ian http://www.bankaholic.com/downey-savings/comment-page-1/#comment-126614 Ian Mon, 25 Aug 2008 21:33:31 +0000 http://www.bankaholic.com/?p=528#comment-126614 One thing to keep in mind regarding stock prices is that hedge funds love to find people whose stock has held up well and spread rumors about them to try and get their stock to fall, since they are holding a short position. Not saying that this is happening here, just that stock prices don't always reflect the true underlying value of a bank. One thing to keep in mind regarding stock prices is that hedge funds love to find people whose stock has held up well and spread rumors about them to try and get their stock to fall, since they are holding a short position. Not saying that this is happening here, just that stock prices don’t always reflect the true underlying value of a bank.

]]> By: Dan Tanner http://www.bankaholic.com/downey-savings/comment-page-1/#comment-125996 Dan Tanner Fri, 22 Aug 2008 03:42:56 +0000 http://www.bankaholic.com/?p=528#comment-125996 Downey Savings and other banks are all hard hit. They will survive. Most should survive this market. Isn't it amazing what consumers can do to the real estate and banking systems once they stopped buying real estate?The glue fell off the trap. This misery will continue and hardship for lending institutions will prevail, if the mind set of US consumer is still hinged on the fact that real is some kind of millstone around the necks, rather than a wealth building tool. Downey Savings and other banks are all hard hit. They will survive. Most should survive this market.

Isn’t it amazing what consumers can do to the real estate and banking systems once they stopped buying real estate?The glue fell off the trap.

This misery will continue and hardship for lending institutions will prevail, if the mind set of US consumer is still hinged on the fact that real is some kind of millstone around the necks, rather than a wealth building tool.

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