Bank of America Corp. (BAC)
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BAC Forum Topics
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- General Discussion on BAC
- The Weakness of the Treasury's New Bailout Plan [view article]
- Preview of the Bank Buy-In [view article]
- Paulson in a State of Panic [view article]
- Can the Banking System Handle Huge New Write-Downs? [view article]
- Back Room Deal? - Cramer's Mad Money (10/10/08) [view article]
- Settlement Auction for Lehman CDS: Surprises Behind [view article]
- Subprime Writedowns and Losses for Major Financials [view article]
- Comparing This Past Week to the '87 Crash [view article]
- Combating Cascading Short Spirals [view article]
- BofA: No More 'Typical' Wall Street Pay at Merrill [view article]
- Financial Landscape: Writedowns, Losses and Capital Raised [view article]
- Stop the Week, We Want to Get Off [view article]
loading ...Recent BAC Articles
- Preview of the Bank Buy-In
- The Weakness of the Treasury's New Bailout Plan
- Subprime Writedowns and Losses for Major Financials
- Combating Cascading Short Spirals
- Can the Banking System Handle Huge New Write-Downs?
- Paulson in a State of Panic
- Comparing This Past Week to the '87 Crash
- Settlement Auction for Lehman CDS: Surprises Behind
- Market Bloodshed May Almost Be Over
- Stop the Week, We Want to Get Off
- Full List of Articles »
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Stop the Week, We Want to Get Off [view article]
I made a huge amount of money last week until I got caught in a short squeeze and then I "broke" even.(It's hard being broke.) Reply
Stop the Week, We Want to Get Off [view article]
The real "terrorist" of late are the producers of pesssimism, like the ratings companies, and "journalist slop" such as this __ all added to the probability that "Robinhood" will be elected to the White House. ReplyBack Room Deal? - Cramer's Mad Money (10/10/08) [view article]
Cramer tells everyone to sell the farm, then two days later is saying to get back in again. 25%, yada yada, whatever. Bottom line is he's a clown. And usually a very good contrarian indicator.Question: Why does this joke of an 'expert' get so much publicity on SA? Did you see the most recent Fox Business commercial exploiting his ridiculousness? Reply
Bulls Take a Stand - Cramer's Stop Trading! (10/10/08) [view article]
Last time you argue with Buffet, his buy and you recommend sell. Today you agree with Buffet, buy GE. Are you promote to one of Berkshire staff now? ReplyIs Bank of America Still a Safe, Long-Term Stock? [view article]
I'd wait until the economy cools down before buying B of A stock. I think, yes, they are one of the best right now. I wouldn't buy it right now though. Keep it in your watch list.Dave Drew
Your Money Saving Coach
premiumstocksplus.com Reply
Stop the Week, We Want to Get Off [view article]
cmetrader, I also see where he made this comment on Tues , Oct. 7th: "I expect the market to become less volatile and that should give us some greattrading opportunites".hahaha, great call there!!!!!! Reply
BofA Offers World’s Worst Borrowers Astonishing Concessions [view article]
Let me amend the preceding - Congress has already made forgiven loan proceeds non-taxable for the primary residence - my argument for balloon payments stands. ReplyBofA: No More 'Typical' Wall Street Pay at Merrill [view article]
No one was responsible for the great Wall Street Crash. No one engineered the speculation that preceded it. Both were the product of the free choice and decisions of thousands of individuals. The latter were not led to the slaughter. They were impelled to it by the seminal lunacy which has always seized people who are seized in turn with the notion that they can become very rich. ReplyLepoff, M.D.
Bulls Take a Stand - Cramer's Stop Trading! (10/10/08) [view article]
"There is a bull market somewhere and I will help you fine it."Well???? Reply
Lepoff, M.D.
Bulls Take a Stand - Cramer's Stop Trading! (10/10/08) [view article]
BxCapricorn said it the best. I just change the channel. Cramer is another good reason to sell GE. The fact that they keep him on TV and actually pretent to the world that he knows something proves bad management everywhere. The more people listen to Cramer, the more they will lose. ReplyBofA: No More 'Typical' Wall Street Pay at Merrill [view article]
Its almost amusing to read all this total garbage, Obviuosly most of your writers are trash collectors etc. Good brokers are probably as educated as lawyers. They are highly schooled and do give good advise. Granted they are not privy to what goes on in exectutive meetings and unfortuately do receive and act on bad information. However....they are honest and can not be blamed for all the public excesses and unfortunate lack of any spending habits. Buy everything today and pay tomorrow. Look as good as your neighbor who makes twice what you do. etc etc. Don't blame broker's for the economy.Lastly, the best brokers have always gone to Merrill, and Goldman....because their clients insisted in haveing the best! This still applies.! Reply
BofA Offers World’s Worst Borrowers Astonishing Concessions [view article]
The next problem to arise after a bank "forgives" part of a loan will be how to pay the income tax on the imputed income. As a loan, the funds are not taxable, but if forgiven by the bank the money IS taxable. $50,000 of extra income could cost these "unfortunate"... homeowners $7,500 to $12,500 in income tax! The loan modification process should include a balloon payment at the end - reduce the loan amount upon which interest is charged, but add the reduction (or better, double the reduction) as a balloon payment at the end of the term. If the homeowner stays in the home for 30 years the house will likely be worth much more then than now. The balloon payment could be refinanced in 30 years and will likely be a small part of the fair market value of the home at that time. In my view it's better to kick the can down the road (so to speak) than have the bank or taxpayer pick up the tab for poor financial decisions on the part of an individual. Of course, if the loan was deceptive from the beginning, then the bank or mortgage company needs to eat it. ReplyStop the Week, We Want to Get Off [view article]
iThinkBig- right about government debt problems not until 2011. Obama runs national debt, not to fight a war that the rest of the world secretly knows has to be fought or their own hides are in for trouble, but to provide health care and other social programs for citizens of the US. The world calls in their debt, we go bankrupt, our dollars are worth 0 and this little blip in the market looks like a walk in the park. I hope for our sakes I am wrong. ReplyBulls Take a Stand - Cramer's Stop Trading! (10/10/08) [view article]
LET HIM LIVE; HE SAID MERELY ONCE WHAT HE THOUGHT; AND GUESS WHAT, PEOPLE CLOSE TO RETIREMENT SHOULD HAVE GOTTEN OUT OF THE MARKET WHEN HE SAID IT. THERE IS NO TIME FOR THEM TO COME BACK FROM THIS NOW. AS LONG AS THE FEDS ARE TRYING TO KEEP HOUSING UP, AND THEY WILL DO THAT, IT WILL TAKE SOME TIME TO ELEVATE THINGS; AND DON'T CONFUSE THINGS; INDIVIDUAL INVESTORS CAN'T MOVE THE MARKET THAT MUCH. IT'S THE FAT CATS WHO ARE DUMPING AND MOVING INTO CASH AND ALL SORTS OF EXOTIC STUFF. BE AWARE OF THE CREDIT SWAPS. THEY ARE NEXT. WELL AT LEAST SNEAKY PAULSON PLANS ON NOT LETTING THE BIG BANKS GO. WHICH IS SORT OF MAZING HE GOT THIS ONE RIGHT. ReplyStop the Week, We Want to Get Off [view article]
Had you listned to Phil and bought those positions when the QQQQs hit $30, you would have made more than 80% on the day. Reply