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Four at Four: This Doesn’t Look Good, Indy

wsj.com » 2008 » July » 8th » Four at Four: This Doesn’t Look Good, Indy

Tagged: people, economics, mortgages, housing, stocks, uso, market strategy, xle, four at four

Fortune and glory? Not so much. (IMB, one year) The scene probably looked like this: a representative from IndyMac Bancorp wonders how an analyst will value the company at this time. “My offer is this: nothing,” the analyst intones, reminiscent of the Lake Tahoe sit-down between Sen. Geary and Michael Corleone. The senator eventually got nothing — and that’s about what Indymac is worth these Continue Reading »


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