Silicon Investor (SI) -- The First Internet Community

3/30/2010 3:56:14 PM

I agree with Bove about 1 point, all I care about is the improvement of loan losses over the next 8 quarters led by the flushing out of non performing mortgages from 2004 to 2007 at ridiculous prices. Obscene housing prices were the root of the entire financial meltdown, and we now have 2 years of normalized prices for the banks. Hopefully, housing prices will stay where they are at for another 7 years.