JJ Hornblass

Why Ford Is a Goner

Sorry, but Ford is not a "goner." It just needs its industrial loan charter to be approved by the FDIC, and I think its application will get approved soon, particularly since many other auto finance enterprises already have an ILC. With an ILC, Ford Credit's cost of funds drop, making it more competitive on the financing front with GMAC -- exactly what Ford Motor Co. needs to stay in the game.

Moody's Wakes Up, Whacks 23 Banks

Because Davis has been the bank CEO most outraged by the regulators' actions. Now with Moody's jumping on the bandwagon, I have no doubt that he threw at least one chair.


On Mar 13 01:37 PM JAT wrote:

> Why do you say that "US Bancorp's Richard Davis is going to blow
> a f***ing gasket"? Is it because he thinks he has a basis/reason
> for disputing Moody's analysis? Pls comment...

Bear Stearns Looking Decidedly Cheap

PE is still over 45. That's still quite high, especially considering the weaknesses in one of its core businesses: mortgage finance.

Mastercard Should Benefit from VISA IPO Hype

Please explain how owning MasterCard and/or Visa can be done without an investor taking on any "credit risk," particularly in light of how credit risk has completely undermined the earnings performance of so many financial services stocks over the last six months.