State Street Corp. (STT)

All Comments on STT

  • commenter
    Jul 20 10:32 PM
    Next Week Is a Big One for Bank Reports [view article]
    What this service shows me is that a stock like BB&T is going nowhere over the next year. The projected PE for next year is about the same as it's PE for last year (6.76 vs.6.59), and less than the current year projection. The dividend may not be all that safe. Remember the Q1 report from WB where they virtually promised that the dividend was safe? Then turned right around and cut it to shreds. Reply
  • commenter
    Jul 20 04:01 PM
    Bank Executive Compensation and the Bailout [view article]
    This is not a diffucult matter. Hire someone at an agreed upon salary. If he performs well, give him a raise. If he does not, replace him. Where did this onerous system of bonuses and stock options come from? It is the fault of the stockholders. Why is there no outrage? Why are the boards of directors not replaced with people who are responsible? We need activist boards of directors who are responsive to the shareholders and look out for their interests. It seems like the large institutions who hold vast blocks of stock are those best positioned to effect change. In order to force them to do so, we must replace their boards of directors. Of course, now we are back to the large institution that holds vast numbers of shares. I get it: Everyone is screwed. Reply
  • commenter
    Jul 20 03:11 PM
    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. Reply
  • commenter
    Jul 20 11:27 AM
    My Website
    Bank 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? Reply
  • commenter
    Jul 20 09:32 AM
    Bank 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
  • commenter
    Jul 20 08:58 AM
    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
  • commenter
    Jul 20 08:15 AM
    Bank Executive Compensation and the Bailout [view article]
    thought provoking article, thank you. COF certanly stands out (i do not hold COF).
    > jack
    Reply
  • commenter
    Jul 16 10:15 PM
    Next Week Is a Big One for Bank Reports [view article]
    This is a nice service Reply
  • commenter
    Jul 16 12:02 PM
    Next Week Is a Big One for Bank Reports [view article]
    Great post and a real service. Go BB&T, wow over 7% dividend and it is safe. Reply
  • commenter
    Jul 16 08:37 AM
    My Website
    Options Trader: Tuesday Outlook [view article]
    Who the Fvck wrote this piece of sh1t? What a waste of cyberspace. What the fvck does it have to do with anything about options? Phil; U R A MORON

    KaptKos

    P.S. Love the bow tie you homo
    Reply
  • commenter
    Jul 16 07:23 AM
    Options Trader: Tuesday Outlook [view article]
    Phil, lay a chart of 29-43 across today's and see what is going on. We are overdue for a retrace rally and it is not happening. I decided not to take you to the woodshed today since you are about as frustrated by this crap as I am. No 'burning Pelosi at the stake' rant or anything else. This is your 'get out of jail free' card. Reply
  • commenter
    Jul 15 10:25 AM
    Options Trader: Tuesday Outlook [view article]
    Why is the market dropping like a stone? Simple. The trailing price earnings ratios are being adjusted dowward. Why? The 100M households in the US that have had no increase in income for some time but face higher energy and food prices will not provide aggregate demand sufficient for the corporate base in this country to continue to prosper. Reply
  • commenter
    Jul 15 10:16 AM
    Options Trader: Tuesday Outlook [view article]
    Phil - I sure hope you didn't capitulate at the bottom this morning.

    Have a nice life.
    Reply
  • commenter
    Jul 14 02:49 PM
    U.S. Bank Dividend Yields Revisited [view article]
    AlphaHunter, You are seeing clearly!
    Thanks for your comments.
    Reply
  • commenter
    Jul 06 01:02 PM
    U.S. Bank Dividend Yields Revisited [view article]
    I think finanical sector is still not out of woods even after 340 billion dollar worth of writeoffs and around a trillion dollar wipped out of the market capitalization of this sector. There are number of reasons for that
    1) Securtization cycle is completely broken off, most of the big investment bank/brokers earned a third of the earnings from this. And i don't see this returning back anytime soon.
    2) Regional banks still have to recognize all the losses on the loans that are still on their balance sheets and not yet securitized.
    3) All the recently raised capital(convertibles/p... Debt) will have a highly dilutive impact on the number of shares outstanding 3-5 years down the road.
    4)Banks/Brokerage houses has yet to recognize the losses/reduced earnings due to general economic slowdown
    So any recovery before 2010 is highly unlikely for financial sector.
    i look forward to the Comments/suggestions from fellow alpha seekers.
    Reply