Lockstep Investing

Rating the Top 12 U.S. Banks - From Hidden Gems to Zombies

Martin, on Wells Fargo you miss the California exposure and the Wachovia (Golden West) exposure. That alone pushes that bank into walking wounded status.

On JPM you fail to mention that they are the biggest CDS broker in the market. Counterparty risk anyone? They are a zombie in their own right. They know if a crisis happens the only thing that can save them is government intervention. That is why the Fed gave them Bear Sterns to begin with, it is better to have all the counterparty risk in one spot so it is identifiable and manageable, rather than spread across market players.

Overall, good summary.

A Good Decision from the OCC's Tim Long

Keep pumping out the articles, Tom, and hope nobody remembers the trash heap of predictions you have made about the financials over the last year.

Your miss to hit ratio has been nothing short of 9 to 1. It is ridiculous.

Upbeat Outlook for Credit Card Backed Securities - S&P

Your graph ends at Q1 08 and we are in Q3. I think you should make display until the current date. Between April and May we had the largest jump in unemployment in 20 years and your information makes no reference to this large spike.

Just looking for quality in the information presented.

The Worst Is Behind Us (unless massive bank failure is considered a bad thing)

Good job Reggie. In depth and methodical.

I didn't know Bankrate.com could be so profitable to me.