Hi Lenn,

Thank you for the information.. I will pass it on to my people.

I to believe that Bank of America will buy Countrywide. I have heard that Countrywide is doing very well in the Raleigh NC area. I do not have my hands on anything that says yes to this.

Hey Lenn,

Why don't you just cash in your IRA and buy Countrywide?

I love you political analogy at the end.

Are they blameing us for that too ?

I guess Cramer isn't one to listen to wholeheartedly.  I surely don't like details being left out. What kind of jewelry :)

Good post Lenn!  Love the accurate political highlight at the end!  Lol!

Hi Lenn,

At least WaMu has it looking up.....only way to go but up.

Dick Beals

Lenn, have you ever read anything from the "the Wall Street Underground"?  It's a newsletter that is always trashing the economy and offering tips to make a million when the bottom falls out.  Just curious...

Lenn - A subsequent report on the jobs noted that 89,000 of them were teachers going back to work. The devil is in the details.

John.  The Devil is always in the details.  In the reverse, teachers going on unemployment in June are counted in the job losses.

I didn't think the 110,000 number was very impressive.  I'm impressed by numbers like 300,000 plus.  No, actually, I'm rarely impressed by much of anything that comes out of the government.  They will, no doubt, "adjust" that number next month anyway.

Hi Jeff.  I've never seen any hard news the Wall Street Underground.  It looks like a site developed for advertising. 

haha...I enjoyed reading this Lenn. After reading this blog it makes even more sense as to WHY Wamu is pointing fingers at Mortgage Brokers. They obviously need to save their share holders!

oh and I personally can't stand Cramer, I think him and his show are a investors version of a Montel Williams type of show. But then again, that is just my personal opinion. It just seems that if people are going to a TV show for investing advice that it might be a little late to jump on that band wagon.... 

Thanks for commenting Rick.

IMO, we are going to see a rather significant decline in the DOW in the next 6 months.  It would be interesting to see Cramer's response to that, especially if housing begins to rebound in the Spring.

I've saved Wa Mu Presidential stock pay, Mac & May Fed force to sells, for the last five years fighting my case.

Please read my long post, without addressing my problem everyone else gets hurt, wait until after Easter, before Pa election when all USA Truckers go on strike shutting us all down {CNN} today!

Wa Mu cost Bear Stearns to reduce 401k's by 5.5 billion of the 8 Billion paying .56 on the Dollar and Gas will near &10.00 a gallon trading in Euro's Per barrel soon, Interest rates reduced 3/4% not 1% in preparation of final cut with final FED printing increase.

Let McCain win and 4 more years of do nothing Congress.