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Jeff Life Jeff Life graduated in 1990 with a B.A. in Political Science from Florida Atlantic University in Boca Raton, Florida.  While working in the International Business Center at the University of Miami as a research assistant for Dr. Robert Gross, Jeff  performed research on many projects... More
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JM LEXUS
  • The Banking Meltdown in the Dead of Winter. 0 comments
    Aug 9, 2011 3:20 AM | about stocks: C, BAC, BWF, JPM
    Without getting too much into the financial mess that we are still in, I want to warn all that we may be heading for a financial meltdown. Don't be fooled by the profits and the books. The mortgage crisis is far deeper that we think. And most of the loans on the books are bad loans that have been "swept under the carpet," hoping that one day they will just disappear.

    Well reality will be hitting us shortly, the question is how long will these inexistent assets and % revenue going to be exposed and who will fall first. Who scare me the most are Bank of America and Citibank. 
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  • UUP calls at a strike price of $23 looks like a good shot for March-June expiration.
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