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PACW - Banks for the memories

06/21/2010 03:57 AM by Dave Pinsen

Barry Ritholtz notes that bank failures this year are running at double the pace from last year ( http://www.ritholtz.co... ).

Fellow Short Screen members may recall I shorted PacWest Bancorp recently and got stopped out for a small gain ( http://shortscreen.com... ). I am thinking of buying puts on it in the near future, particularly if the VIX continues its recent decline ( http://finance.yahoo.c... ).

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