US Bancorp (USB)

All Comments on USB

  • commenter
    Oct 07 05:31 AM
    Unintended Consequences - Fast Money Recap (10/6/08) [view article]
    Wells Fargo will Win? You are crazy!!!! They are up huge lately in one of the worst financial meltdowns in history and you don't think they will give up those gains........Watch WFC drop like a stone. And urging us to buy NCC? I wouldn't touch that stock if they paid me to hold on to it. They will suffer the same fate as WM did!! I am so sick of these CNBC people. This kind of crap is what makes this market jump up and down like a kangaroo. Note..................... off CNBC forever!! It will do nothing but hurt your investing....Invest for the long term. Eventually this market will become a shopping spree but not for awhile. Until then relax and take the dog for a walk. Ignore Najarian, Cramer, Bartiromo, and anyone else screaming at you to buy Wells Fargo or some other bank on CNBC. You will thank me later. Reply
  • commenter
    Oct 07 12:01 AM
    Dividend Aristocrats Survived September [view article]
    BAC just cut their dividend in half ... better delete them from the list Reply
  • commenter
    Oct 06 04:17 PM
    TARP Passes - Now What? [view article]
    This article emphasizes why the mark-to-market rule has been revised and may need further liberalization. Reply
  • commenter
    Oct 06 04:15 PM
    TARP 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
  • commenter
    Oct 06 09:17 AM
    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. Reply
  • commenter
    Oct 06 08:14 AM
    TARP 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
  • commenter
    Oct 06 02:48 AM
    Irate Icahn - Fast Money Recap (9/19/08) [view article]
    Kinabulu -- Icahn hasn't made any money for anyone but Carl Icahn in a very long time. There's a review of his record at:
    www.alleyinsider.com/2...-

    It ain't good. . .
    Reply
  • commenter
    Oct 06 01:12 AM
    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
  • commenter
    Oct 05 05:48 PM
    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. Reply
  • commenter
    Oct 05 12:26 PM
    Thrown Overboard - Fast Money Recap (10/3/08) [view article]
    These guys are good at "BLOVIATING" but do't know #%&*@ about th market . Reply
  • commenter
    Oct 05 11:05 AM
    TARP 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. Reply
  • commenter
    Oct 05 09:29 AM
    My Website
    TARP 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
  • commenter
    Oct 05 02:44 AM
    Thrown Overboard - Fast Money Recap (10/3/08) [view article]
    Amen. Reply
  • commenter
    Oct 04 10:50 PM
    Thrown 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... Reply
  • commenter
    Oct 03 09:05 PM
    Hide in the Fetal Position - Fast Money Recap (10/2/08) [view article]
    Macke is right cash is it !!!!!!!!!!! Reply