National City Corp. (NCC)
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NCC Forum Topics
- All Comments on NCC
- General Discussion on NCC
- Why I Bought National City Corp Shares [view article]
- Unintended Consequences - Fast Money Recap (10/6/08) [view article]
- Monday Options Update: POT, XLF, NCC, SOV, GD, AAPL, RIMM, C, BGG [view article]
- National City: Paying Customers To Close Credit Lines Smacks of Desperation [view article]
- Volatility Hedge: Short Boeing, Long on National City [view article]
- Bail-out Buys - Fast Money Recap (10/1/08) [view article]
- The Facts Behind the Coming Congressional Mortgage Bailout Bill [view article]
- Good Financial/Bad Financial Divergence [view article]
- Financial Landscape: Writedowns, Losses and Capital Raised [view article]
- To Avoid Failure, Get Really Big; Everybody Else, Watch Out [view article]
- Investing in the Housing Crisis Aftermath: Stock Picks and Pans [view article]
loading ...Recent NCC Articles
- Unintended Consequences - Fast Money Recap (10/6/08)
- Volatility Hedge: Short Boeing, Long on National City
- Why I Bought National City Corp Shares
- Bail-out Buys - Fast Money Recap (10/1/08)
- Good Financial/Bad Financial Divergence
- Monday Options Update: POT, XLF, NCC, SOV, GD, AAPL, RIMM, C, BGG
- To Avoid Failure, Get Really Big; Everybody Else, Watch Out
- Silver Lining in Housing Numbers?
- Financial Landscape: Writedowns, Losses and Capital Raised
- National City Gets Approval to Raise Capital
- Full List of Articles »
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Wall Street Breakfast: Must-Know News [view article]
I grew up in Flint Michigan and saw first hand how lazy ass auto workers and a currupt unions failed the workers, the city, the state and the country by not allowing new technologys to be used while making it almost impossible to fire workers who were not effecient. Taxes and unions drove jobs overseas and looks like we havent learned a thing.On Sep 04 11:54 AM User 218405 wrote:
> The Unions had better think twice about striking Boeing. They have
> all but killed the Auto industry in the past. The economy doesn't
> warrant jeopardizing your job with a layoff. Reply
Wall Street Breakfast: Must-Know News [view article]
The Unions had better think twice about striking Boeing. They have all but killed the Auto industry in the past. The economy doesn't warrant jeopardizing your job with a layoff. ReplyWall Street Breakfast: Must-Know News [view article]
Can airliners run on natural gas, and or fuel cells? ReplyCredit Cards: Not Dead Yet [view article]
cc are better because by law they offer you protections for your purchases.by using a debit card you open yourself up to having the wrong amount taken out of your account with difficulty getting it returned Reply
Investing in the Housing Crisis Aftermath: Stock Picks and Pans [view article]
Someone please tell me it is April Fool's Day. This can't be a serious finance article."...with the government offering Frannie and Freddie a bailout, both companies are effectively insured from themselves."
The stockholders would still be wiped out.
"Citigroup has also paid out $18 million in order to settle allegations ...."
$18 million?!?! With write-offs in the billions of dollars the author focuses on an $18 million legal settlement?
"...no end to National City's troubles, and I've got a hunch things will get worse before they get better."
More fascination with potential legal problems that have no bearing on the financial health of National City. With its capital depleted and no prospects of raising more capital a "hunch" things will get worse is a sure bet.
Oh, my god! BAC has actually been "subpoenaed!"... This is the metric by which the author declares National City (on the verge of collapse) a better buy than BAC (no rose itself but in better condition than National City).
And now the author's gem of investment wisdom: He recommends MER because its "stock is usually pretty strong." Well so is body odor but I don't recommend it! No mention of billions in write-offs. No mention of additional write offs coming as a result of its "sale" of CDS pools for $.22 on the dollar but the purchaser only put up $.07 on the dollar. No mention of other credit instruments still in MER inventory that might be subject to write offs.
Please! Someone tell me this is a joke! Or at least the beginning of term paper written for the Chulafinee City Community College Remedial Introductory Finance and Auto Body Repair Course. No wonder there is no author's name affixed to this "article."
Reply
Credit Cards: Not Dead Yet [view article]
mrbill in what way that my question was not respectful? I really do not understand your joke if it is one.Anyway I saw stranger people before nothing surprises me any more. ReplyCredit Cards: Not Dead Yet [view article]
User138602 since your question is not respectful let me answer it this way. Starting Tomorrow in selected cities you will be able to point certain cell phones at a coke machine and a coke will come out and processed through Visa. But you already knew this didn't you. ReplyCredit Cards: Not Dead Yet [view article]
mrbill would you be kind enough to share with us what s on the horizon that is supposed to shock us?tipster Reply
Credit Cards: Not Dead Yet [view article]
GovaNerd: Visa & Ma do not issue credit they collect a transaction fee because everyone knows this there is a short term growth problem, but hold on there is something on the horizon that will shock you. Do the research and profit. ReplyCredit Cards: Not Dead Yet [view article]
Someone correct me if I am wrong, but the credit card companies process and profit from debit cards as well as credit cards. Investing in (most) credit card companies was to invest in the card technology and the naturally inflation hedged business model which collects a percentage of each transaction. ReplyCredit Cards: Not Dead Yet [view article]
kingeggie you are rather naive to think that debit cards cost nothing.Obviously you do not have a lot of control on your finances. and I bet you your bank loves you. ReplyCredit Cards: Not Dead Yet [view article]
Anastos,I work in the Payment Solutions area FOR OVER 12 YEARS, I would NEVER use a DEBIT CARD. If you use your Credit Card WISELY, then you pay 0% and get rewards. If you run into an issue with a purchase you DISPUTE it, and your money is STILL in your own checking account...
Maybe you should gain / gather / buy a little intelligence before you open your wallet. Reply
Credit Cards: Not Dead Yet [view article]
If you pay off your cc ballance every month, why do you need OPM? A debet card costs nothing and you only spend what you have.It works for me. ReplyCredit Cards: Not Dead Yet [view article]
Great article which points out the subtleties (sic) of making things that sound the same BE the same in the mind of the reader. Lies, damn lies and statistics. ReplyCredit Cards: Not Dead Yet [view article]
I am 110% with Hoser, that s what smart people are doing.Ever heard of OPM anastos? Other s People Money, use it wisely and you will be rewarded .Wisely means don t spend more that you can afford and always pay on time the balance owed. My wife and have been travelling once a year using the free air miles and thanks to my discipline or should I say thanks to the lack of discipline of others.Tipster Reply