PNC Financial Services Group Inc. (PNC)
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PNC Forum Topics
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- General Discussion on PNC
- TARP Passes - Now What? [view article]
- Thrown Overboard - Fast Money Recap (10/3/08) [view article]
- In the Land of the Blind, PJB Is King of the Banking ETFs [view article]
- There Are Still Some Financial Stocks Worth Considering [view article]
- FDIC Anoints Superbanks - Cramer's Stop Trading! (9/26/08) [view article]
- To Avoid Failure, Get Really Big; Everybody Else, Watch Out [view article]
- Banking on Trust: What Builds Loyalty? [view article]
- Bank on Goldman - Cramer's Stop Trading! (9/22/09) [view article]
- More On Banking Subprime Fallout [Housing Tracker] [view article]
- Financials in Turmoil? Someone Forgot to Tell These Eleven Pennsylvania Banks [view article]
- PNC To Take Hit for Fannie/Freddie Holdings [view article]
- The Top Dividend Paying ETFs and Stocks [view article]
loading ...Recent PNC Articles
- TARP Passes - Now What?
- Thrown Overboard - Fast Money Recap (10/3/08)
- In the Land of the Blind, PJB Is King of the Banking ETFs
- To Avoid Failure, Get Really Big; Everybody Else, Watch Out
- There Are Still Some Financial Stocks Worth Considering
- Banking on Trust: What Builds Loyalty?
- More On Banking Subprime Fallout [Housing Tracker]
- Financials in Turmoil? Someone Forgot to Tell These Eleven Pennsylvania Banks
- PNC To Take Hit for Fannie/Freddie Holdings
- Large Banks' Net Income History
- Full List of Articles »
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Miller
TARP Passes - Now What? [view article]
This article emphasizes why the mark-to-market rule has been revised and may need further liberalization. ReplyTARP Passes - Now What? [view article]
I am inclined to agree with poster: The Hand.SA had an earlier article by Diane Ritter that explained the pprocess for those interested in this more palatable solution:
seekingalpha.com/artic...
Reply
TARP Passes - Now What? [view article]
Remember the "toxic" assets on banks balance sheet is already marked down significantly. Even if fed pays less that, there is not much room to go below, otherwise, it is meaningless to have this program. the most likely outcome is that we will see banks solely concentrated on toxic stuff vanishes by liquidation while well diversified unfortunately banks like GS and MS really benefit from the TARP. ReplyTARP Passes - Now What? [view article]
The plan will be revisited due to increased scrutiny and better focus. The goal will be restated as returning adequate capital and liquidity to the Financials. The economic costs will be paid by the Financials - not the taxpayer.Paulson has neither the time or influence the change. Derived Investment Value (DIV) will be the asset pricing tool. That price, allocated loan losses, plus Preferred Stock/Senior Convertible Sub Debt (issued by seller/bought by Bailout) will equal original asset value/cost.
Warrants and monetized value in tax losses will act as kickers to the 'Bailout TARP'. Part of the Kicker Overage will be used by Congress to Fund a Homeowners Relief Fund Bill sponsored by Maxine Waters and Charles Schumer. Reply
cannot
compete!
Thrown Overboard - Fast Money Recap (10/3/08) [view article]
Are you *freakin* kidding me?? The Bush/Paulson/Pelosi/Fr... cabal took the American people for a FLIPPIN' RIDE!!! It was sooo bloody urgent to get the deal done in a matter of days. "We must act now..." -- blah, blah, blah. And then Paulson comes out after it passes and comments that they won't begin buying any of the bad debt off the banks for about a month!!1) Yeah, sounds really urgent to ya. Way to get right on that, Hank. Doin' it for Main Street, were ya?
2) A month...that'll take things just about after the election. Nice timing, y'all.
Lookin' out for Main Street?? Or attempting to cover your own sorry @sses?!?!
Unreal. This country needs a damn good revolution!!! I vote we march on D.C. and throw the whole stinking bunch of them out...elect a completely new House and Senate this November. And mandate to them that there be a completely new tax code: a flat tax never to exceed 10%. Government will simply have to reign itself in and cut the crap out. Get the bloody hell out of the way of the American people.
A flat tax would be the hugest transfer of power from the government back to the people since the founding of this country!! (Read the Flat Tax Book, by Neil Boortz, et al.)
Reply
Thrown Overboard - Fast Money Recap (10/3/08) [view article]
These guys tend to shoot from the hip. THey tend to react to whatever moved that day and.or has a rumor surrounding it (usually a well-known one), half of which will be denied overnight. ReplyThrown Overboard - Fast Money Recap (10/3/08) [view article]
Always stay protected when investing in the market. Make sure you have your exit strategy in place from the start. One that hopefully is constantly adjusting itself for you based on the stock's behavior and market conditions. see www.smartstops.net ReplyThrown Overboard - Fast Money Recap (10/3/08) [view article]
These guys are good at "BLOVIATING" but do't know #%&*@ about th market . ReplyTARP Passes - Now What? [view article]
Paulson doesn't have any dilemma on his hands: he is going to ignore this additional fluff from Congress and do what he wanted to do: transfer the losses on the mortgages from the banking industry to the American people. ReplyTARP Passes - Now What? [view article]
the banks can only sell to the fed at a price at which they are prepared to take a loss. if the price is too low the bank will destroy its asset base. this is the oppositions primary argument why this program will not achieve its intended purpose.i have been converted to the nationalization of banks camp. this gets money (credit) flowing immediately, allows the government time to work the toxic crap off of the books, and costs literally nothing. Reply
Thrown Overboard - Fast Money Recap (10/3/08) [view article]
Amen. ReplyThrown Overboard - Fast Money Recap (10/3/08) [view article]
I used to think these people might have a clue,but just like Bove,they don't know shit... ReplyMontreal
In the Land of the Blind, PJB Is King of the Banking ETFs [view article]
Very interesting, Thanks. ReplyThere Are Still Some Financial Stocks Worth Considering [view article]
Hi Ray, Sorry you tried to short WFC, Doesn't work too well. That bank is resilent! Buffet loves this bank. Adding more shares to his portfolio as we speak. This bank has been cash rich for number of years. Very wise when they reach out to buy other banks too. (and they kept their hands in their pockets during all this current craziness!) I actually worked there for 22 years. I was a lender and we gave out gold stars after someone qualified for a loan there! (only kidding!)They have accumulated many nice deposit customers from Wamu and Wakovia I hear in the past few weeks. Reply
PNC To Take Hit for Fannie/Freddie Holdings [view article]
Only a few banks will survive this havoc, it is obvious PNC will be one of them.The stock value is sheer proof that they can manage a successful financial institute in reference to the others.
Reply