Morning Post

Good morning. Nice to be back.
It's morel season in the Piedmont.

As I asked before, wonder how NC Banks are going to fare in all this mortgage mess. Well, we now know Wachovia took a hit. Via Reuters this am:

The fourth-largest U.S. bank is the latest major lender battered by the global credit crunch, which has caused loan losses and write-downs to mount.

It has also been hurt by Chief Executive Ken Thompson's ill-timed, $24.2 billion purchase in 2006 of adjustable-rate mortgage lender Golden West Financial Corp.

Meanwhile, a slowdown in buying.

Elsewhere in the NC:
• Did ya read the story about the on-again-off-again governor?
• Voters registering like crazy
• Virginia Foxx -- Friend to bloggers everywhere?

Comments

Nice to have you back!

Yeah...that whole Virginia Foxx thing has me puzzled.

Robin Hayes lied. Nobody died, but thousands of folks lost their jobs.



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Vote Democratic! The ass you save may be your own.

Very nice!



Robin Hayes lied. Nobody died, but thousands of folks lost their jobs.



***************************
Vote Democratic! The ass you save may be your own.

Ooo. Yes, good find, Jerimee.

I like.

"It is amazing what you can accomplish if you do not care who gets the credit." - Harry Truman

"They took all the trees and put them in a tree museum Then they charged the people a dollar 'n a half just to see 'em. Don't it always seem to go that you don't know what you've got till it's gone? They paved paradise and put up a parking lot."