Homestead mailing list

[bob ford <bobford79 AT yahoo.com>]

Wow, penny stock; garbage bonds. Just a couple of years ago, a friend bought 
in in the 40's and tried to persuade me.  he cashed out his real estate and 
wanted to play safe.  I still have an account over there.  I guess I might 
tranfer, just in case, FDIC paperwork probably a pain ....bobford 



----- Original Message ----
From: Don Bowen <don.bowen AT earthlink.net>
To: homestead AT lists.ibiblio.org
Sent: Wednesday, September 24, 2008 5:14:43 PM
Subject: [Homestead] WaMu downgraded to junk

http://www.marketwatch.com/News/Story/Story.aspx?guid={32F6F3DA-45B6-4103-AE
5F-2ED583AFFDE8}

"Fitch Ratings downgraded Washington Mutual Inc.'s long-term issuer default
rating to B- from BBB- because of the increased possibility of a partial
sale of the bank. Fitch ratings below BBB are considered "junk" grade."



And the cards continue to fall.



Don Bowen  KI6DIU

http://www.braingarage.com/Dons/Travels/journal/Journal.html



_______________________________________________
Homestead list and subscription:
http://lists.ibiblio.org/mailman/listinfo/homestead
Change your homestead list member options:
http://lists.ibiblio.org/mailman/options/homestead/bobford79%40yahoo.com
View the archives at:
https://lists.ibiblio.org/sympa/arc/homestead