US Bancorp (USB)

All Comments on USB

  • commenter
    Sep 30 06:15 PM
    Stop Yelling About FDIC Limits - In Fact, Just Stop Yelling [view article]
    I am in agreement that raising deposit limits is a BAD idea. Deposit brokers and the dollars they provide "Brokered Deposits" have had a bad name since before the S+L crisis. This increase would just excaberate problem banks. It's funny how none of his deposits have any negative connotations!

    Bill Issac has an alternative to the TARP plan, which would insure loans to a 100K. Perhaps a better idea then buying back mortgages.
    Reply
  • commenter
    Sep 30 04:38 PM
    Financial Landscape: Writedowns, Losses and Capital Raised [view article]
    I saw this list on bloomberg.com, updated through 9-20-08. does anybody have the link to it, or know where on bloomberg i can get a refreshed list? thanks Reply
  • commenter
    Sep 30 03:23 PM
    Stop Yelling About FDIC Limits - In Fact, Just Stop Yelling [view article]
    FDIC limits have been raised. A couple can now be insured for $400,000 ($100k each in single account, $200k joint) in each bank. Raising the limits invite reckless investment in banks that should be avoided. Doubling the limits makes the entire FDIC twice as risky for everyone and puts the entire banking system at risk. Reply
  • commenter
    Sep 30 02:59 PM
    Stop Yelling About FDIC Limits - In Fact, Just Stop Yelling [view article]
    If Promontory is a good thing, doesn't that ifso facto mean that the base law should be raised from 100,000. Why force folks into a dance amoung banks. Reply
  • commenter
    Sep 30 12:00 PM
    Stop Yelling About FDIC Limits - In Fact, Just Stop Yelling [view article]
    I would like to see what the limit would be if it was adjusted from inception to today. I don't know what that would be, but it has to be quite a bit higher than $100,000. At least that would be a start. Reply
  • commenter
    Sep 30 11:26 AM
    Stop Yelling About FDIC Limits - In Fact, Just Stop Yelling [view article]
    I would agree with the above, too many small companies are not insured enough. Several smaller banks are having a run on deposits,( some what like the old Jimmy movie), and the fact that the bank is really in OK shape, if all the deposits are removed in several days, that bank will not have enough cash to cover deposits and the FDIC will step in and close them down.

    I also would suspend the mark-to-market rule for a month and see how that worked out. Both of these ideas are not as harsh as the defeated bill and may help, give it several weeks and see. Just because some assest sold for $1,000 less this month than last month is not a reason to revalue all your assests.
    Reply
  • commenter
    Sep 30 10:06 AM
    Stop Yelling About FDIC Limits - In Fact, Just Stop Yelling [view article]
    This author's point sound like it is being made by a prissy dorque, though I am sure the author is sensible in all other respects. The point is not there are administrative alternatives. The point is to stop the panic. Panic is often partly irrational. Th solution is not to send depositors through administrative hoops to try to protect their money--set up 10 bank accounts...? Come on! Yes we know we can do that. In fact I have done it. It is a royal pain in the *ss, not to mention putting my name, social security number and address on another 50 computerized, never-to-be-erased, hackable junk mailing lists. The 100K cap has been increased....never?...... is not even indexed to inflation. Small businesses that want to make payroll out of a simple account cannot do it. Promontory might be a solution but I don't know much about it, and anyway, it is a response to a pig headed delay by Congress to address the real problem, which is a paltry sized limit. It should immediately be made at least $10 million, and indexed to inflation. Reply
  • commenter
    Sep 30 09:29 AM
    Stop Yelling About FDIC Limits - In Fact, Just Stop Yelling [view article]
    "There is private credit protection that can be purchased and effectively supplements FDIC insurance"

    The companies offering various types of credit insurance have been failing.
    Reply
  • commenter
    Sep 30 05:41 AM
    My Website
    Stop Yelling About FDIC Limits - In Fact, Just Stop Yelling [view article]
    interesting info. who are the 2500 members? Reply
  • commenter
    Sep 30 12:53 AM
    My Website
    Buffett's Berkshire: 14 Stocks That Have Gone Up [view article]
    Everything down today. (Ah, but it's only one day, you say.) Reply
  • commenter
    Sep 29 07:49 PM
    It Could Happen - Cramer's Mad Money (9/26/08) [view article]
    Cramer...

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    Reply
  • commenter
    Sep 29 07:05 PM
    Irate Icahn - Fast Money Recap (9/19/08) [view article]
    @Kinabalu
    [quote]
    " Icahn is buying TWA? Buy! Buy! I don't care what the price is! Buy! If Icahn is buying, buy!

    Icahn had more followers in the mid to late 80s than any other takeover artist. That was because he always made big money.
    [/quote]

    And how did TWA do? Went broke; Icahn did strip some assets for himself, but that didn't do the shareholder any good. The guy's a greenmailer, who's found a way to harass managements into paying him off. Contrary to the claim, investing alongside Icahn hasn't been much of a strategy-- he'll get bought off, but not you. He seems to have invested heavily in PR seeking an image as a corporate reformer. That's not what his record shows.
    Reply
  • commenter
    Sep 29 05:23 PM
    It Could Happen - Cramer's Mad Money (9/26/08) [view article]
    to maxters

    i stoped listening to cramer over a year ago.you are right.i have alot of animosity towards him because not only did he cost me money;but everyone else.as people have been saying,get him the hell off tv!

    cramer is on thier side,not ours.
    Reply
  • commenter
    Sep 29 04:44 PM
    My Website
    It Could Happen - Cramer's Mad Money (9/26/08) [view article]
    Did Jimbo called the July low the market bottom barely a month ago? See what happened. Now that he is calling Dow to go down to 8000, I feel a lot better about the market. He is the best free contrarian indicator out there. Reply
  • commenter
    Sep 29 04:38 PM
    Buffett's Berkshire: 14 Stocks That Have Gone Up [view article]
    agree with a lot users here all those numbers are not up to date and don t correspond to the buying prices.I have a lot of respect for mr Buffett but please do not write false information about his returns. Reply