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  • Bank Earnings: Why I Don't Trust Analyst Reports  [View article]
    Casflow.... what's a good ROA? 2%? Maybe they'll hit 3% with all this cheap funding?

    Capital.... what are losses on assets? ~30%+ ? Possibly much more?

    cashflow is a drop in the ocean compared to losses on assets.
    Jun 30 10:25 am |Rating: +7 -1 |Link to Comment
  • The 20 Highest Yielding Dividend Aristocrats [View article]
    and right on cue: KEY cuts their dividend by 50% this morning...

    and that won't be the last of your list to cut severely in the very near future...
    Jun 12 09:57 am |Rating: 0 0 |Link to Comment
  • The 20 Highest Yielding Dividend Aristocrats [View article]
    FITB, RF, CMA, KEY, BBT etc are at-or-near "survival mode" operation currently... so yes, they look attractive on a valuation basis vs last quarter... but it's not like they're already thru their rough times... to count on those dividends going fwd is dubious
    Jun 12 09:15 am |Rating: 0 0 |Link to Comment
  • The Real Story on Countrywide, Cont. [View article]
    "6. Big question, of course, is what Countrywide investors will get. (Not as much as they expected. The New York Times reported that Countrwide chief Angelo Mozilo never thought he’d get less than $10.)"

    Mozilo will be ok - he made $48mil in 06, and $55mil from 03-05.
    Jan 11 13:06 pm |Rating: 0 0 |Link to Comment
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