US Bancorp (USB)

All Comments on USB

  • commenter
    hwood007
    Sep 27 03:48 PM
    FDIC Anoints Superbanks - Cramer's Stop Trading! (9/26/08) [view article]
    No mention of BoA, wonder what the great sage thinks of BoA now? Reply
  • commenter
    Emerald
    Sep 27 03:28 PM
    FDIC Anoints Superbanks - Cramer's Stop Trading! (9/26/08) [view article]
    Cramer is talking his book, as usual. Image what his ratings would be if we had a real crash and his viewers didn't have money to invest? No mention of JPM's derivatives exposure. PNC and USB are too small to be so-called superbanks. Reply
  • commenter
    icandoitdon
    Sep 27 02:15 PM
    It Could Happen - Cramer's Mad Money (9/26/08) [view article]
    if wall street wants to crash monday morning because a bailout package isn't delivered, let it crash.

    this financial system is toast...the question is whether we acknowledge it sooner or later. our economy has been sustained for years by too much leverage and too much cheap credit, enabled by an incompetent and political federal reserve, self-serving and spineless congressmen and a foolish administration that preached that "government is the problem, not the solution" right up until the walls to crumble. now they think government is the solution. funny how fast they become socialists when they stand to lose money (and elections).

    the deleveraging that must occur will take years and this bailout package will not prevent it from happening...nor should it. recovery will be faster and more sure footed if the trash is swept out the door, including the regulatory trash....greenspan, bernake, paulson, bush, congress, et al....who invested in the "don't ask don't tell" school of economics that was ushered in starting with the reagan era. democrats are just as responsible for it as republicans.

    a crash will be a humbling experience for this nation. it needs one.

    Reply
  • commenter
    jp23
    Sep 27 02:11 PM
    It Could Happen - Cramer's Mad Money (9/26/08) [view article]
    Do the opposite of cramer....the guy is total joke and should be taken of the air. Reply
  • commenter
    WallyJr
    Sep 27 01:09 PM
    It Could Happen - Cramer's Mad Money (9/26/08) [view article]
    Cramer is a Wall Street shill. Five years from now when inflation is double digits, Cramer will be saying this bailout was a big cause and that's why he opposed it. These guys are liars -- and with their fortunes and careers riding the glorification the Wall Street crooks, why wouldn't they be?

    Senator Shelby and Neil Cavuto seem to be among the view who are unafraid to voice opposition.
    Reply
  • commenter
    ussmls7
    Sep 27 12:13 PM
    FDIC Anoints Superbanks - Cramer's Stop Trading! (9/26/08) [view article]
    Wall Street & Congress has most gavitity pull in the World,the whole place SUCKS! Reply
  • commenter
    kenrun
    Sep 27 12:08 PM
    It Could Happen - Cramer's Mad Money (9/26/08) [view article]
    Cramer says "We are truly in dire straits here people... failure of Congress to pass the bailout plan is causing the banking system to fall deeper into trouble. ... Dow could drop to as low at 8,378 – a 2,768 decline – ...Deal or not, we’re still most likely going to see a recession, so you want to preserve capital at all costs."

    A month ago Cramer said we tested the bottom, the bottom was in and was recommending buy buy buy, now, he is saying the sky is about to fall. A little bit late, isn't he, and not until he had his followers investing and losing their money. Now he wants you to preserve capital....he means take your losses you have from listening to him before they get bigger because he was dead wrong. Glad I didn't listen to him and have been in cash. Hmmm, if is now saying sell, I think the bottom might be near.     Reply
  • commenter
    kittykorner
    Sep 27 08:19 AM
    Prepare to Sell Monday - Cramer's Mad Money (9/19/08) [view article]
    Bill Clinton is responsible for changing regulations that were in place since the Depression. Hence, the bank 's sub prime loan mess. We are just now seeing the effects of that. Now the Treasury can and will sell gazillions of Treasury Bonds and make tons of $$$.
    Don't be foolish and sell your stock while low, if the fundementals of the company stock you own have not changed, ( just because investors are nervous and holding back ...waiting to hear what the government is going to do....like they should)
    Historically, EVERY LOW HAS BEEN FOLLOWED BY A HEALTHY REBOUND and this time will be no different....just make sure you have a good cash cushion to ride it out and take Cramer with a grain of salt!     Reply
  • commenter
    WEBISKING
    Sep 26 06:37 PM
    My Website
    Raw Data Report: Wachovia, Bank of America, US Bancorp [view article]
    WB has some toxic paper and when they write it down it wnt look pretty those who bought foolishly around 20 should get into another business Reply
  • commenter
    Invest On
    Fundamentals
    Sep 26 03:54 PM
    Curing the Credit Crisis: A Better Alternative Plan [view article]
    Correction: change "Goldman was among the few firms that knew the risks to these instruments" to "Goldman was among the few firms that took the time to understand the risks to these instruments and do something about it." All the firms on Wall St, and frankly almost all the investors, knew the risks. But at the time, few on or off Wall St. cared about the risks and few wanted to do anything about it while the going was good. Reply
  • commenter
    Invest On
    Fundamentals
    Sep 26 03:34 PM
    Curing the Credit Crisis: A Better Alternative Plan [view article]
    ABG, aka Avery Goodman: I'm sorry, but you don't understand Bernanke's comments, despite your assertions to the contrary. If rational people have to judge, I think most would agree with me, a partner in a hedge fund, in matters of finance and economics, over your UCLA law degree and your law firm of one that seemingly specializes in silver futures regulation. But that's not the point, and this is not a matter of ego and it's not personal.
    I think you are using highly inflammatory political assertions that have no basis. You say that Paulson and Bernanke have been proven wrong time and time again, but you fail to back that up with any facts (and your other facts are often colored by your personal beliefs anyway). You say that Paulson has already paid full price, and yet Paulson has done nothing but guarantee securities at Bear (which to my knowledge has cost the Fed nothing so far, and may not cost a dime, depending on how this economy pulls out of the current situation), and guarantee Freddie/Fannie obligations (which again have not cost the Fed a dime yet, and may not, but no one knows). There is a big difference in a guarantee and a purchase, as you know. I'm not a Fed employee defending the boss here. I have stated publicly and privately that Paulson's plan is imperfect. I agree that public discussion is positive. But standing on your soap box making empty, inaccurate, and inflammatory assertions about big giveaways, crony capitalism, the socialization of America, etc, is completely unfounded. Another great example: you highlight Goldman's "Machiavellian course of conduct, buying hedges against what they knew would be the inevitable demise of those toxic instruments." Why is this Machiavellian?? Goldman was among the few firms that knew the risks to these instruments if the real estate market went south. Understanding finance and buying hedges against any type of investment is simply sound business practice and evaluating risk/reward, nothing else.
    Blame should be fixed on guilty parties (after we fix the current problem of market lock), and those guilty parties include everyone up the ladder of homeborrowing--from the borrower that borrowed more than he/she could afford to the bank that made the loan despite knowing the lender couldn't afford it, to the bank regulators, to Congress and the banking oversight committees that sought to maximize home ownership regardless of the consequences, to the Wall St. banks that securitized loads of junk, to the Fed and the SEC, and to the investor that bought the junk. It should be clear many people were asleep at the wheel along the entire chain. More important than fixing blame, we need to correct the system to avoid future repetition. Eviscerating Paulson and Bernanke for trying to fix the problem as best they can (when the situation calls for swift action, not weeks or months or public debate) when NO ONE has a crystal ball and no one is omniscient about the ramifications of any plan seems a very big stretch to me--especially when your background is in law and not finance or economics. It is clear to me and should be clear to others that you have some sort of personal agenda and/or vendetta (on the Obama payroll perhaps?), and that you are not being objective here by any stretch of the imagination. As such, readers should consider your skewed assertions accordingly and move on. As will I.     Reply
  • commenter
    bowman711
    Sep 25 03:37 PM
    Curing the Credit Crisis: A Better Alternative Plan [view article]
    'Who do YOU want as our next President ???' -- Ronald Reagan II Reply
  • commenter
    Repsonsible
    Citizen
    Sep 25 03:16 PM
    Curing the Credit Crisis: A Better Alternative Plan [view article]
    Thank Goodness We have a Leader Like McCain He saw trouble and went to head it off at the pass unafraid of the danger . Unlike Obama who was afraid to go to DC , they had to drag him kicking and Screaming so they can get him to vote on the rescue plan. McCains a Leader , Obamas a coward . Who do YOU want as our next President ???
    Reply
  • commenter
    Left Coast
    Rick
    Sep 25 01:40 PM
    Curing the Credit Crisis: A Better Alternative Plan [view article]
    Your righteous indignation is appropriate, but ill timed, be patient. We need to restore the liquidity in the system........then we go and get the creeps. Once the new RTC, for lack of a current name, owns the bad assets, the Feds will have a bigger hammer to go after the bad people involved in this. Trust me, it will not go lightly. The FBI investigations of Freddie, Fannie, Lehman and AIG are just the start. Reply
  • commenter
    Repsonsible
    Citizen
    Sep 25 01:21 PM
    Curing the Credit Crisis: A Better Alternative Plan [view article]
    Today Im ashamed to be a Democrate , I watched the two days of hearings , Boy the Dems sure talked tough on TV , about taxpayer protections . Tight oversight , Protection for people in Forclosuer and Bankruptcy ,
    Ceo Pay caps, Golden Parachutes , Taxpayers getting a equity stake in companies they help , only giving Paulosn 150 Billion and seeing how that goes ,, NOW today behind closed doors they give the Republicans EVERYTHING they Want, Basically NO Real conditions at All Just a little wondow dressing with no way to enforce any of it ! So NOW the Taxpayer Will Be stuck with a HUGE 700 Billion debt it will INCRESASE Taxes on EVERYONE course if Your a working man they can get at your taxs through payroll alot easier then the Rich guys . Franks is a WIMP he caved in ON EVERTHING . And were Will the $700 Billion come from? China at 10.5% a year interest that $70 Billion a year . And the Bank stocks are SOARING they Love it Paulson and Bush are going to give them almost Full value for there bad debt and TRY and sell it maybe they'll get 20 cents for what the paid 80 cents for .. Wall Street is partying right now. So John McCain rode into Washington and SAVED America , John McCain couldnt Find the Bathroom on his own !! And What of Obama ? He's there too I guess he's VOTING PRESENT !
    Im NOT Voting this year, Let The DEMs stew when Mc Cain wins they better NOT Ask Why , because they CAVED into the Republicans AGAIN they have NO BackBone. Copy this and send it to ALL Your Friends so they know How The Democratic Party SOLD OUT MAIN STREET America and the little guy .

    J.Masters     Reply
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