Seeking Alpha
View as an RSS Feed

Christopher Menkin  

View Christopher Menkin's Comments BY TICKER:
Latest  |  Highest rated
  • Private Equity In Bank Stocks: 13 Shine Out Of 25 Chosen [View article]
    Hope you win!!!
    Jun 20, 2012. 12:11 PM | 1 Like Like |Link to Comment
  • The Curious Case of Sheldon Player [View instapost]
    Yes, we have printed the fully story of Greycas and other stories,
    and yes, it is the same routine with Greyhound:

    http://bit.ly/M6QOVt
    Jun 20, 2012. 12:10 PM | Likes Like |Link to Comment
  • Marlin Does Not Disclose Possible Loss Of Evergreen Payments [View article]
    Evergreen Clause leases regard personal property. A correction should be made that they are legal in all 50 states. Four
    states require the lessor to notify the lesse regarding the
    termination in advance of the original lease where a residual or purchase option may be required.
    May 21, 2012. 03:08 PM | Likes Like |Link to Comment
  • Bank M&A Q1 Scoreboard: Momentum Is Back [View instapost]
    Mostly cash....Banks have a lot of cash. Some of it from TARP,
    used in the purchase. Rates are low and yields as low, too,
    so expanding in this manner is very smart business.
    May 3, 2012. 11:37 AM | Likes Like |Link to Comment
  • Former Lt. Gov. & Chairman Republican Nat. Party Bank Fails [View instapost]
    I don't know the exact number, except for the failed ones. And there were only two or three of them in the last three years that raised capital. And as I remember, not enough capital to meet their problems.

    I am aware of a number of banks who did raise capital, as
    ordered, but don't have an actual count, nor know where
    to find one. I will put on my list to do to ask the FDIC.
    May 1, 2012. 11:16 AM | Likes Like |Link to Comment
  • Kathleen Otto Found Liable for $114.5 Million Ponzi Scheme [View instapost]
    No receivership and no FBI. There may not be an FBI as
    the main culprit committed suicide. Kathleen Otto in the class action suit was originally found not guilty by the jury, so the attorney appealed for assets and won the appeal.

    Both those convicted said they were not aware of the scam, even
    lost money themselves, and the entire operation was run out of
    Otto's home in Southern California and they were not privy to
    any of the accounting.

    $163,720,000 Collections to begin May 9
    Apr 20, 2012. 11:47 AM | Likes Like |Link to Comment
  • FDIC Quarterly Report Profits Up, But Fewer Banks [View instapost]
    It looks like the money is not from overseas, as well as it would be taxed,
    if returned here.

    The latest analysis from Market Rates Insight (http://bit.ly/yF51MO) shows that just in the last three months of 2011, consumers added $250 billion dollars to domestic bank accounts. Total deposits, which includes overseas branches of U.S. banks, increased by $183 billion in the last quarter of 2011, which means that about $33 billion was transferred from overseas U.S. banks to domestic branches.

    For whole of 2011, domestic deposits in FDIC insured institutions grew by $882 billion to $8,755 billion, and total deposits in FDIC insured institutions, which includes overseas deposits in U.S. banks, grew by $760 billion to $10,183 billion.
    Mar 3, 2012. 02:31 PM | Likes Like |Link to Comment
  • FDIC Quarterly Report Profits Up, But Fewer Banks [View instapost]
    I don't have information regarding that. There are trusts, funds,
    and unions and company accounts that are quite large and perhaps
    these banks are more "trustworthy" to go over the FDIC limit.

    I am only guessing, as I really don't have the information to
    answer your question accurately. When I have some time, I'll try
    to do some research on this.
    Mar 2, 2012. 11:16 AM | Likes Like |Link to Comment
  • Profit In Buying Bank Branches And Flipping Them [View article]
    As I understand it, they sold the branches, and not the bank
    assets and deposits. The deposits are quite valuable,
    as you know, as it affects all their ratios and abilities to lend.
    Feb 16, 2012. 12:20 PM | Likes Like |Link to Comment
  • Bank Failures Have Declined Over The Last 3 Years [View article]
    Amen
    Feb 5, 2012. 12:48 PM | Likes Like |Link to Comment
  • Bank Failures Have Declined Over The Last 3 Years [View article]
    I think the FDIC is doing an excellent job. When they started
    they asked those retired to come back, tried to find other
    employees, and did an outstanding job as the taking over of
    a bank is a major task requiring many people. It is not only
    the discovery and decision making, but finding a successor,
    the bidding process, the negotiations, but the actual work.

    TARP was a tremendous help.

    There are less banks on the "trouble bank" list for sure, but
    we are not out of the woods yet.

    Here is a very interesting and informative article I recommend to you:
    http://bit.ly/xqfDtK
    Feb 4, 2012. 11:53 AM | Likes Like |Link to Comment
  • Bank Failures Have Declined Over The Last 3 Years [View article]
    That's what the FDIC says, but note the low Tier 1 Risk Capital
    ratio as well as the years not making a profit and losses in
    this year's bank failures.

    It means there are still some very troubled banks, but not
    as many as the year before or last year. That is both good
    news and bad news.

    Thank you for your compliments.
    Feb 3, 2012. 11:52 AM | Likes Like |Link to Comment
  • Kathleen Otto Found Liable for $114.5 Million Ponzi Scheme [View instapost]
    will post an up-date in blog, as didn't know if readers here
    would be interested in more
    Jan 15, 2012. 01:11 PM | Likes Like |Link to Comment
  • The facts behind the $96 Million LEAF Securization [View instapost]
    The lack of internet netiquette shows me your intelligence and inability to read. First, I am the editor/publisher of leasingnews.org, which you could have easily seen in my profile.

    In the articles, I included copies of the four funds, none of them profitable, the notices of not paying investors, requests to take
    principal as they are out of management fees, and the investors have complained to leasing news they were misrepresented by the salesmen at LEAF who were hawking the investment package.

    My role is to bring this to the attention of Leasing News readers, and was invited to bring stories to Seeking Alpha that involved stock and other such investments, such as these funds. The parent of
    LEAF Financial is on NASDAQ, by the way.

    I suggest you take some night classes or junior college classes
    on economics and investing, as they have such classes. I don't
    know if they teach manners.
    Nov 4, 2011. 11:53 AM | Likes Like |Link to Comment
  • Wealthy Americans react harshly to critics, such as the Wall Street protesters, because they "realize, deep down, how morally indefensible their position is," Paul Krugman writes. They "got rich by peddling complex financial schemes that... helped push us into a crisis whose aftereffects continue to blight the lives of tens of millions of their fellow citizens."  [View news story]
    A clash over laissez-faire---How much state and federal
    intervention or regulation, depending on your "viewpoint."

    One side clamors for "reform" and the other free from
    regulation or intervention.
    Oct 10, 2011. 05:58 PM | Likes Like |Link to Comment
COMMENTS STATS
79 Comments
4 Likes