Toddo On TV: Regional Banks Slip, Fall

Minyanville Staff  Jul 14, 2008 4:37 pm

Toddo On TV: Regional Banks Slip, Fall
 
Markets, movers and more.
 

 
The trillion-dollar question as it concerns Fannie Mae (FNM) and Freddie Mac (FRE) isn't about equity - it's about debt. Toddo explains the stocks' performance and the looming possibility of outright nationalization.



According to Toddo, the market's currently pricing in the realization that not all financials institutions are going to survive. There. We said it. The Minyan-in-Chief raises three possible scenarios: a mean reverting bounce, the S&P playing catch up and a stabilization in the tape with the markets working off the oversold condition as a function of time rather than price.

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07-14-2008, 7:30 pm
Psychology is a primary metric, correct? Can the effect of negative comments cause banks which otherwise have survived to fail? Chuckie Schumer got blamed for bringing down Indymac. Did Todd Harrison just kill a few regionals, or maybe Lehman Bros.?
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