Vegasjoe

Memo to Warren: AmEx Preferred at 15%, Warrants at $12

So the Amex wide moat has a huge leak?

How Cheap Are U.S. Bank Stocks?

Big banks are toast; earnings compression will keep prices down, and valuations will be lower too for financial assets. Lots of consolidation and mergers in next 24 months.

Financials and Retail: Not as Dire as They Seem

This credit binge and deleveraging just goes to show that CEOs and other senior management at these institutions are grossly overpaid, never had an original idea, and rationalize the meltdown of their own stock as "everyone else was doing it, therefore, it must have been ok!" But then, when fired, the gutless Board's give them hundreds of millions for long and loyal service! Go figure! Who doI send my resume to at C, MER, WM, etc.....Commerical real estate is next! Goodbye regional bank CEOs.