SunTrust Banks Inc. (STI)

All Comments on STI

  • commenter
    jimmysays
    Jul 25 01:11 PM
    My Website
    Financials: This Picture's Worth a Thousand Words [view article]
    Let em bleed some more. When there's blood in the street, buy real estate. hallcountyforeclosure.... Reply
  • commenter
    John
    Pseudonym
    Jul 25 10:23 AM
    Financials: This Picture's Worth a Thousand Words [view article]
    Jim Rodgers said over 1 year ago that financial stocks (the ones the survive) will all be around $8 per share before the bottom is in.

    He said this when the were all at record levels!

    Now those that are still living are looking at sub $10 pricing...

    I will buy when the prices fall below $10 as banks are not a fad; the good ones will be here forever.     Reply
  • commenter
    EE
    Jul 25 05:47 AM
    Financials: This Picture's Worth a Thousand Words [view article]
    yep....buy puts & physical silver> Reply
  • commenter
    notsocommons
    ense
    Jul 23 11:55 PM
    The Facts Behind the Coming Congressional Mortgage Bailout Bill [view article]
    Thinker68: Agree that greed and indifference is the root of the ills you've listed. Solutions? Establish expectations, consequences and follow through. "Follow through" , however you want to sugar-coat it, means assessing blame and exacting punishment, or at least do not shield from the natural consequences. I do not believe in bailouts as this sheilds the trangressor from their natural consequences and may even encourage the errant behavior. Further, it is just plain not fair to those of us who live more prudently and do without on a regualr basis so as not to overextend ourselves or incur too much risk. I know about a dozen families who have lost their homes to foreclosure. Everyone is a bit chagrined, admits they lived beyond their means and is not whining for a bailout, but would happily accept one if offered same as if they won the sweepstakes. Everyone has adjusted their living arrangements and is alive and well. They are moving on and forward. I worked for a mortgage bank. They knew full well what they were doing, and loved raking in the handsome profits and bonuses. The loan brokers loved their commissions and were giddy with the knowledge that they faced zero risks no matter what their loan applications contained. The investors who purchased the mortgage securities from the lenders "believed" the securities had little risk, without doing their due diligence in researching the risks. If you purchased a stock based on a hot tip you overheard on the commuter train, and it went south, wouldn't you expect to take a loss and kick yourself for not doing your research? Well, investors of mortgage securities are huge, professional portfolio and/or fund managers, with research staffs and volumes of data (resources not readily available to you and me). Furthermore, analyzing investments is their fulltime job. They knew better, but got lazy or overzealous. None of these folks (borrowers, lenders, investors) should be bailed out. If anything, they should be punished for screwing up the economy for the rest of us. If they go under, so be it. Something that is not working right should be dumped. and make way for new beginnings. The pain from the failures will no doubt be felt by those who failed, but justly so. Gotta clean out the infection so the wound can heal, right? Unfortunately, the pain will ripple out to all of us, and there's no avoiding that. But, hey, we prudent ones have grit and can survive anything.
    Let's get realistic on the gov't's bailout plans. The big investors and lenders are balling and wailing (albeit in private) to the gov't to help alleviate their pain. If gov't can stop the decline in home values, that would utimately help their portfolios. If the gov't can increase the money supply (by extending certain credit facilities), that would help their liquidity problems. If the gov't can keep interest rates low, that would help them raise needed capital and forestall futher foreclosures and further home value declines. See who the gov't is helping? (We are in for a huge in wallup of inflation, eventually.) Oh yes, this is election year, so let's make it look like we're concerned about poor little folks who were innocent victims because that strikes a chord with the common voter, and we need those votes.

    I can take a little pain. Let's have no bailouts. Let whomever will fail, fail, and we'll all pick up the peices and move on. Moving on should include blaming the abuses where they occurred and put a control in place to minimize re-occrrence of the abuse.     Reply
  • commenter
    notsocommons
    ense
    Jul 23 10:29 PM
    The Facts Behind the Coming Congressional Mortgage Bailout Bill [view article]
    USER229893's idea is right on. Hey folks, send your next email to your congressman to pass laws and demand that regulators hold CEOs financially accountable. Enough of this crap where CEOs rake it in while behaving like used-car salesmen for their stock, then screw the company, employees, shareholders, and general public with either their incompetence or devious manipulations, and lastly raid the company coffers on the way out the door. It was former President Lincoln who predicted that if our great nation, with its freedoms to allow men/(women) to pursue that which is in their best (honorable) interests, shall ever fail, surely it will be from within and not at the hands of an outside enemy. Failing from within stems from the inability or unwillingness to discipline negative behaviors and vices within our midst. Abusing CEOs will never stop their arrogance unless we make them. Are you willing and able to work towards passing laws and pressuring regulators to hold CEOs accountable and to give back all their profits when they screw things up and cause great harm to others? Let's get CEO risks and rewards back into balance. The higher the CEO pay, the more potential liability they should face. Email your elected representatives! Most importantly, demand that our regulators stiffen their backbones and do their jobs!!! Reply
  • commenter
    Thinker68
    Jul 23 09:14 PM
    The Facts Behind the Coming Congressional Mortgage Bailout Bill [view article]
    Folks seem to forget the "greed" of the companies who made these loans also was perpetuated by the greed of the stockholders who wanted big dividends but didn't care how they were achieved. Not to mention in the last few years FNMA and FHLMC have been pushed by the government to make more home loans available to low income borrowers which contributed to the problems we face today. How many people across the country have been guilty of "cashing-in" on properties in areas which were known to be overvalued by as much as 80%+ forcing the overvaluing higher and higher till it burst? How many of us shop at Walmart or other big name stores who purchase a great deal of their mechandise from overseas which causes jobs to be lost here and people unable to pay their bills? How many of us find ways to use less oil vs. just throwing up their hands and continuing to drive, etc. as they have in the past which drove up the price of fuel forcing some people to quit their jobs because they couldn't afford the gas to get there?The list of contributors is long and in short there is no one place to point fingers of blame for the crisis at hand, but we all need to be part of the solution instead of worrying about who to hold responsible because in one way or another most of us are. Reply
  • commenter
    SA Editor
    Eli Hoffmann
    Jul 22 04:35 PM
    Wall Street Breakfast: Must-Know News [view article]
    PJ568, thanks for your feedback. We largely report adjusted earnings. This is due to the fact that analyst consensus estimates, which are the gauge by which many judge whether a given company has beaten or missed expectations, are formulated based on adjusted earnings. Reply
  • commenter
    Pj568
    Jul 22 03:10 PM
    Wall Street Breakfast: Must-Know News [view article]
    Many of the numbers referenced above appear to be adjusted and not actual. WB and BSX are two that jumped out as being off. One would expect adequate disclosure from the SA Editor about the numbers being referenced. Constantly reporting and discussing adjusted numbers is a sign of weakness that shouldn't be ignored. Reply
  • commenter
    The
    pessimistic
    optimist
    Jul 22 03:02 PM
    Dividend Yields Soar [view article]
    oh..in closing. XTO, CHK, PK, and LINE are all dropping like hot rocks. A few days and there should be a soft bottom.. maybe a small surge, maybe a better than average surge. Hurricans and oil?? Nat gas may work again sooner than later. On the cyclical side, NDN and DLTR are ramping a bit.. school is coming and the bigger retailers may have a time with pricing. Following teachers and students concerns. Give them a look.
    good day     Reply
  • commenter
    The
    pessimistic
    optimist
    Jul 22 02:55 PM
    Dividend Yields Soar [view article]
    Hanging in there on NAT. Sold off FRO for profit.. not relying on dividend alone and will pull the trigger again when it drops a few bucks. It will ramp up higher than last pull back...hence the pseudonym. Last in shipping will be SFL.. enough of the ocean shipping transports. Keeping T ,DD, NUE, KO and JNJ. MO and USB might be latest purchases then it's time to keep 5% on sidelines for awhile. Going to put ACAS on radar for a week then we will see. Reply
  • commenter
    fireball
    Jul 22 02:24 PM
    The Facts Behind the Coming Congressional Mortgage Bailout Bill [view article]
    i do not want to help the stupid borrowers who refused to live within their means or the greedy lenders who loaned to these people. USER229893 GREAT IDEA. GALLOP i am glad to see blame placed there and agree but there was a lot of stupid lending right down the food chain too. what i would like is to let the market settle it as A SIMPLER WAY suggests. i as someone who owes no one and has over time saved am infuriated at the taxation through inflation and that other tax dollars are being used. FRIEND the market is a dangerous place. those same bank stock investors recieved dividends and hoped to increase share price. i hate to see anyone hurt but if we want to protect their losses then we must protect every loss. i would never sell naked puts or uncovered calls it looks way to dangerous to me. however if we want it to stop in one sector in fairness should it not stop across the board. we do not have a free market. i wish we did. government cannot keep their dirty little hands out of anything it seems. as much as i would love to see the guilty suffer i feel like there is a gun to our heads if we let justice take the proper course. it is a conundrum that started long ago when the federalis first began to break their chains and to usurp the constitution. we were warned not to allow a national bank. Reply
  • commenter
    morgan77
    Jul 22 11:56 AM
    Bank Executive Compensation and the Bailout [view article]
    Saw that the housing sector was the big winner last week and did a little more research on it. This article (www.greenfaucet.com/fa...) argues that housing may finally have reached a bottom. Check it out if you're interested in buying. Reply
  • commenter
    RightinSanFr
    ancisco
    Jul 22 10:48 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    It is amazing that so much of the financial health of the western world hinges on the performance of these public / private entities Fannie and Freddie. I was once a stockholder (liked the dividend), but sold when it became apparent to me a few years ago that I did not understand who the management worked for. If they are a cornerstone of the economy, the performance of their management needs to be judged by a standard of security, not growth of EPS, which drove them away from their government mission toward chasing the returns of sub-prime loans. Then the government wanted them to broaden the size of loans that they would handle. Despite hating a larger role for government, I have reluctantly come to the conclusion that they neeed to be publicly owned and directed. Ugh. I can't believe that I said that. Reply
  • commenter
    notsosmart
    Jul 22 09:09 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    why pay attention to moody,s? why pay attention to anybody? all have an agenda & its not to put money in your pocket.once you know that selfserving lying & greed is the game you should think for yourself. Reply
  • commenter
    Ishortyou
    Jul 22 07:38 AM
    Wall Street Breakfast: Must-Know News [view article]
    well looks like Moody's go unlished playing the rating game again without foundation or facts and just based on speculation. They need to reinstate triple A ratings on some of the bond insurers that were downgraded unjustifiably Reply
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