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WFC, Still the quote of the day "The best way to raise capital is to Earn it". 3 Billion a quarter.

So I have people searching the blog, who are "Doubters" or doubting the earnings, by search term. "Are WFC earnings Real".... You can tell what people "Want to Believe"

So... Good stuff on the bullish side for WFC.

We should see some good stuff out of all the banks in the next 2 weeks.

Another thing is that...Like I have been saying there are 8 Trillion in CDO's according to the HBS guy. so... not all of that is Home Mortgages, but not to say that there isn't some damage in other debt Classes.

but the other part of that thesis is that only 20% of it that was "Horribly mispriced" , but the market is showing much more distress.
Not to go all Kudlow, but what we may see is that all the market intervention... May not be needed, in a way just having it there is returning confidence.