Also the raise of more capital should not come to a suprise. This was in the
works for a while now. BusinessWeek did a piece on this 2 months ago. Its
called: BASEL II my friend. It was made to follow BASEL I. The Accorde of
BASEL II is what will hit the headlines. You will hear it more and more. Look
it up in Wiki if you want to know more detail of BASEL II. So don't let this
seem like this was just thought of or encouraging. They are going to enforce it
and that's what you're seeing now. They're being nice about now.

its funny

"Dear kabirm,

Stockpickr member, Kartatr, replied for your question
"increase your short against WM."

Reply from Kartatr
Back to my opening short price for BTS.
-----------------------------------------

WM falls 6% in 15 minutes. Over 8 million shares sold this morning....anybody
agree this thing has more to fall..this is on a strong day for the financials"

WM is crap and I wish I knew who that poster was that commented that we here who
thought that WM is going 8 are dumb. Well that was around 12 about the start of
April. He always knows something. I wish I can have the pull that the Fed
Chief had. I would be like a boinic super human savant investor.

WaMu is toxic alright; but I have about 10 stocks on my "regional bank
default" list

Sounds like WM??

yeah, like an impending bank default