FHA follow up/ TD Ameritrade ad slogan

You may have read that Bank of America will soon be repaying the government in order to be free from the government pay standards etc. My most recent post mentioned brewing problems with FHA mortgages. Bank of America is the largest originator of these loans and recent estimates of near term losses by FHA range from $75-150 billion. FHA is essentially out of reserves so...these losses could end up being losses for banks that hold these mortgages. Time will tell if Bank of America and all the others are really out of the woods just yet.

I have seen a new ad by our primary custodian TD Ameritrade that is pretty good. It has a tag line/slogan of "It's time for fresh thinking". Indeed it is. It also mentions objective advice which of course we like as well. A lot of ways to interpret "fresh thinking" but a start might be to ignore the typical Wall Street marketing din of "we have a system, manager,black box, fund, etc. that can solve all that ails you". Interesting times indeed.