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Stephen Rosenman » Comments » CFC

  • Financial Stocks Trading Near Book Value [View article]
    Book values for Investment Houses are no longer believable. No one, even the I-
    banks, know their true value. The only way at present that I can tell to differentiate the value of these stocks at the moment is how they have used their assets to deliver earnings. Currently the only ones of the above to meet that test are GS and JPM. Remember, when one of these I-Banks fall, GS and JPM will emerge ultimately winners as they lose competition and pick up the pieces.
    Mar 14 15:43 pm |Rating: +1 0 |Link to Comment
  • Countrywide Financial CEO Is Running For the Hills [View article]
    He's got to get out sometime. That's where his assets are. I don't think it tells much about the company's prospects.
    Jun 19 12:54 pm |Rating: 0 0 |Link to Comment
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