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jerryu44

jerryu44
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  • Countrywide found guilty in U.S. mortgage suit [View news story]
    It was my understanding that the government did not encourage banks to make loans to bad credit risk, but actually required them to make such loans. Am I mistaken?
    Oct 23 10:22 PM | 2 Likes Like |Link to Comment
  • Canada hikes the liability cap for oil spills in Atlantic and Arctic waters to C$1B, up from the respective $30M and $40M limits under existing rules. The changes deal only with offshore activity, which is poised to accelerate as companies begin assessing prospective new fields on the East and Arctic coasts. [View news story]
    Another parasitic government seeking to punish a producer.
    Jun 19 01:24 AM | Likes Like |Link to Comment
  • Resource Capital (RSO) declares $0.20/share quarterly dividend, in line with previous. Forward yield 13.66%. For shareholders of record Dec. 31. Payable Jan. 28. Ex-div date Dec. 27. (PR[View news story]
    The reason that the ex date is a couple of days before the shareholder of record date is because it takes a few days (2 I think) after the stock is purchased for the purchaser to become the shareholder of record and receive the dividend.

    Definition of 'Holder Of Record'
    The name of the person who is the registered owner of a security and who has the rights, benefits and responsibilities of ownership. The holder of record for a stock typically has shareholder voting rights and receives dividend payouts if there are any. The holder of record for a bond owns the bond and receives the principal and interest payments. When the owner sells the security, he or she ceases to be the holder of record.
    Read more: http://bit.ly/UCRAwS
    Jan 30 09:56 AM | Likes Like |Link to Comment
  • 12 Rules For Buying Dividend Stocks [View article]
    CKent, I have used limit buy orders several times and it is always a big surprise when the stock drops at you get it at reduced price.
    Jan 29 04:02 PM | Likes Like |Link to Comment
  • 12 Rules For Buying Dividend Stocks [View article]
    The same thing happened to me (flash crash, the market crashed sold my stocks at a loss and went back up in a matter of a few minutes or hours) and I lost the $6000 dollars I had earned in dividends in the first couple of quarters. Thankfully, because of the dividends I did not lose any principal. I bought my stocks back and later found out that I could not take the loss on my income taxes because I did not wait long enough to buy back. That was a bummer. I suspect that this was a manipulation of the market.
    Jan 28 03:30 PM | 1 Like Like |Link to Comment
  • Buffett And Berkowitz Were (And Still Are) Right About Bank Of America [View article]
    I have made 29 and 27 percent returns on bac. Thats one reason to invest in american banks. when it pulls back i will buy it again.
    Jan 19 06:37 PM | 3 Likes Like |Link to Comment
  • AIG's (AIG) advertising tagline at the moment may be "Thank you America," but it's board will today consider joining a $25B lawsuit that's being led by former CEO and major investor Maurice Greenberg against the government. The suit argues that the heavy demands of AIG's rescue, such as the government taking a 92% stake and the high interest rate rates levied, deprived shareholders of tens of billions of dollars and violated the Fifth Amendment. [View news story]
    And what happened to Gordon?
    Jan 8 03:16 PM | Likes Like |Link to Comment
  • Comparing Annaly Capital Management And American Capital Agency [View article]
    I think you have a very naive conception of native americans. There was nothing peaceful about them, they were savage warriors who killed and tortured each other before they killed and tortured the white settlers in this land.
    It is correct to say that the Government dealt deceitfully with them as all governments have been evil and deceitful from the beginning of time. The history of the world is a history of evil and deceitful rulers with only a few exceptions. For the most part the government is a reflection of the deceitfulness and evilness of man.
    If the indians had been able to they would have wiped the entire white population from the face of the earth.
    Jan 7 11:51 AM | 1 Like Like |Link to Comment
  • Comparing Annaly Capital Management And American Capital Agency [View article]
    The fool has said in his heart there is no god.
    Jan 4 02:51 PM | Likes Like |Link to Comment
  • While it's questionable how much capital the Fed will allow Bank of America (BAC) to return to shareholders, the bank doesn't need D.C.'s permission to pick off some low-hanging fruit - redeeming Warren Buffett's $5B in preferred stock. The shares do not qualify as capital under new Basel rules, but BofA pays 6% on them, nearly double the average of its long-term debt. [View news story]
    I don't think that BAC is going to call in WB's preferred stock. I don't know if it is even callable.
    Jan 3 03:59 PM | Likes Like |Link to Comment
  • While it's questionable how much capital the Fed will allow Bank of America (BAC) to return to shareholders, the bank doesn't need D.C.'s permission to pick off some low-hanging fruit - redeeming Warren Buffett's $5B in preferred stock. The shares do not qualify as capital under new Basel rules, but BofA pays 6% on them, nearly double the average of its long-term debt. [View news story]
    Well hell, if it so great why don't you buy instead of bitching about it. Aren't you an investor. BAC was by far my best stock for 2012.
    Jan 3 03:57 PM | Likes Like |Link to Comment
  • Transocean (RIG +6.2%) shares sustain gains following earlier headlines of a settlement of both civil and criminal charges with the DoJ over the 2010 Deepwater Horizon incident. RIG is expected to pay ~$1.4B; previous SEC disclosure had the company in talks for a $1.5B settlement. RIG has set aside ~$2B to cover pending Deepwater Horizon litigation. BP +1.7%[View news story]
    Looks good.
    Jan 3 03:47 PM | 1 Like Like |Link to Comment
  • Relief For Annaly Capital [View article]
    Even with losses of up of 2% to 17% in share prices on my REITs I still pretty much broke even after dividends.
    Jan 3 11:44 AM | Likes Like |Link to Comment
  • Fourteen banks are reportedly set to reach a $10B settlement with regulators over abusive foreclosure practices such as incorrect paperwork and excessive charges. The banks include the five that agreed to pay $26B in another deal earlier this year - JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C) and Ally Financial. The latest settlement will allow banks to end a review of 4M loan files that has cost 1.5B so far. [View news story]
    You mean Timmy the tax cheat?
    Jan 3 11:42 AM | Likes Like |Link to Comment
  • Dividend stocks are attractive following the Cliff deal, says BlackRock's Russ Koesterich, noting just a modest bump in dividend tax rates affecting just a small ratio of taxpayers. Current low payout ratios give companies ample room to raise payouts. Avoid Treasurys, he says, and focus on credit sectors (HYG, PDI, IVR - just to name a few), and municipals (MUB). [View news story]
    I'm putting mine in my mattress. ;>)
    Jan 3 11:28 AM | Likes Like |Link to Comment
COMMENTS STATS
111 Comments
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