SunTrust Banks Inc. (STI)
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- Nine Months Later: Some Annual Predictions from the Financial Press [view article]
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- Dividend Yields Soar [view article]
- In the Land of the Blind, PJB Is King of the Banking ETFs [view article]
- The Facts Behind the Coming Congressional Mortgage Bailout Bill [view article]
- SunTrust: No Such Thing as Safe in This Market [view article]
- Finding Relative Value in Financial Services [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Big Little Stock - Fast Money Recap (8/25/08) [view article]
- Lehman Brothers Take-over: Implications for Financials [view article]
- Monday Options Update: GE, LEH, C, RIMM, AMD, STI, TLAB, ALO [view article]
- Big Ben's Jackson Hole, Wyoming Pep Rally [view article]
loading ...Recent STI Articles
- In the Land of the Blind, PJB Is King of the Banking ETFs
- Buffett's Berkshire: 14 Stocks That Have Gone Up
- SunTrust: No Such Thing as Safe in This Market
- Nine Months Later: Some Annual Predictions from the Financial Press
- Big Little Stock - Fast Money Recap (8/25/08)
- Monday Options Update: GE, LEH, C, RIMM, AMD, STI, TLAB, ALO
- Big Ben's Jackson Hole, Wyoming Pep Rally
- Lehman Brothers Take-over: Implications for Financials
- Five Struggling Dividend Stocks I'm Still Bullish On
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Bank Executive Compensation and the Bailout [view article]
My old fashion idea that when I would hire somebody to run my company or to be in charge of a section of that company etc.I would judge that person to be qualified and experienced to do a good job for the firm and I would hire him at a mutually agreed salary, period. I did not expect to bonus him for doing that good job, or make him part owner of my business or eligible for rewards for doing his job. Wrong psychology. If I chose to reward him additionally in any manner it was because the job he had done was. far and away successful and profitable for the firm. Today we throw money at incompetance, rewarding executives for showing up, and pay exorbitant sums for failure to do the job for which an executive was hired. If the system is flawed for those who do their jobs well, the results questionable, it is time to change the hiring system at the top. ReplyBarron's Goes Bullish on Banks, Again [view article]
I don't get it.So they decided to "call a bottom" after the stocks rallied 25% or so from the bottom?
Really going out on a limb, aren't they?
Reply
Barron's Goes Bullish on Banks, Again [view article]
There are many small regional and community banks that are trading at a fraction of book. Some have taken small losses and others have had their earnings trimmed.However, as the economy begins to stabilize in 2009 and the growth in NPA's fades, earnings will again accrue. These "main street banks" understand the local commercial customer better than their "wall street" counterparts.
Stock valuations in this sector may well increase 50% to 100% within the next 2 years. Discover the babies that have been tossed out with the proverbial bath water. Reply
Barron's Goes Bullish on Banks, Again [view article]
There are only a handful of really good banks out there, WFC and USB among them. But those are not the companies available below book and 8x earnings. In fact both are expensive again. They were good buys at 21 on Tuesday but the upside is gone now. As we've seen time and again, once Buffett is in a name you can forget making any money investing in it; investors make all their money when they buy and "Buffett stocks" are always expensive. The best we get now are a few great trading opportunities like we had last week.As for the rest of the banks, go ahead and take this "once in a generation" opportunity. Be sure to get the certificates and frame them; that stuff might fetch a decent price on eBay later on. Reply
r123
Barron's Goes Bullish on Banks, Again [view article]
Barron's makes up part of my "go opposite trifecta" which also includes Fast Money and Jim Cramer. Go the opposite of those 3 sources and you can't go wrong. ReplyBank Executive Compensation and the Bailout [view article]
User 138602 - not that I disagree with you, but what, if anything, do suggest as a constructive plan of action? Executive compensations are unrealistic, unconscionable, and promote wrong behavior for all participants of corporate and civic process. I do understand the motivations of the boards to keep the status quo, but I totally do not understand behavior of institutional investment managers who are showing decimal results for their efforts. Is it a conspiracy of incompetent? ReplyBarron's Goes Bullish on Banks, Again [view article]
Barrons long on banks can mean only one thing:Short the bejezzus outta banks. Just like last time.
They make investing easy.
Reply
Barron's Goes Bullish on Banks, Again [view article]
As a practical trader, by all means call the bottom but put in stop loss; if stopped out re-assess before the next move. This is one way to control risk to the portfolio. Of course there are other methods of trading/investing, it depends on personal investment style and strategy. Maybe investing is both a economic science and an art. ReplyLathrop
Barron's Goes Bullish on Banks, Again [view article]
A better title for the article would be "Barrons assures shareholders that banking advertising revenues will pick up after puff pieces spur brief rally" ReplyBarron's Goes Bullish on Banks, Again [view article]
Meanwhile this from the BBC today:"The chairman of one of the world's most powerful banks has warned that house prices in the UK and the US are likely to fall for another two years.
Sir Win Bischoff, the chairman of the US banking giant Citigroup, has told me that he expects it will take two years for these markets to find a floor. "
tinyurl.com/59vphj
If the housing market will continue to deteriorate, and consumer credit along with it, I can't see how they can call a bottom in Financials. Reply
Barron's Goes Bullish on Banks, Again [view article]
Barrons Loved GM, The Housing Sector and Now Banking? They Will go 3 for 3 with this pick, 3 for 3 to the downside that is.....Maybe there is still a little pop left after last weeks huge run, but the banks are a long way from being outright buys- ReplyBank Executive Compensation and the Bailout [view article]
well YMCA to answer to your question, there is no difference except that in the financial sector they have the blessing of the government the biggest legalise mafia of this planet.By the way who votes for our supposedly representatives (the biggest farce of the human kind) ?Not me! but all the upset readers, or most of them, will vote again at the next election.What does it take for those people to understand ? that they come to your houses and evict you in order to save our financial institutions and by the same time to enrich their FAT executives? Reply
Bank Executive Compensation and the Bailout [view article]
Since the huge bonus paid in the past years were paid on wrong profits or wrong stock performances, now that the real profits and stock performances are known, these executives should be asked to return the extra bonuses received in excess of the real figures.Regulatory authorities should not hesitate to ask for reimbursements, mainly in the financial sector. After all the wrong figures were obtained after they forgot the basics of credit or lending. Any new college or university graduate in business administration would have done a better job than those "GENIOUS". Anyone with a reasonable banking experience would have predicted the financial disaster that we got and that is not over yet.
All those in executive positions closed their eyes on what was happening because of the nice bonus attached to a higher level of activity or profits. What is the difference between what happened in the financial sector and the Enron, Nortel, etc..who saw some of their executives ending in prison and having assets seized. Reply
gordon
Bank Executive Compensation and the Bailout [view article]
thought provoking article, thank you. COF certanly stands out (i do not hold COF).> jack Reply
Dividend Yields Soar [view article]
Mariposa - I know this is delayed, but...1. Read this: online.barrons.com/art... - SSW'a ships are booked solid for the next seveal years, eves the ships that is has yet to take delivery on.
2. Go here and listen to June 16, 2008 webcast and watch the slide presentation: www.seaspancorp.com/in...
3. This really tells the story: www.seaspancorp.com/fl...
Look how many ships are chartered, for how long and that includes even ones that haven not yet been built! Reply