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  • Synchrony Financial Will Be Added To The S&P 500, And It Should Also Be Added To Your Watch List  [View article]
    retired chief

    Every month GE has bought or sold pieces of itself and you were not involved.
    The idea this time they are selling off SYF and this time you could become involved. They are saying to stockholders are you willing to trade your share which is the industrial for a share of the financial side.
    In theory it's a win win, those who believe the financial side is better and will tender their shares. Those who keep their shares the reduced share count will mathematical improve EPS and therefore price will rise.

    I see both positives and negatives to the deal and the risk obviously is how the market likes or dislikes the after the fact numbers.

    Note: I have tendered 500 out of a total position of 8500.

    Thinking of the 500 as a trade I believe because of possible over tendering I will only have 100 or 200 shares exchanged.

    Long term I believe SYF will exceed GE but will keep both for diversification
    Nov 10, 2015. 10:54 AM | 3 Likes Like |Link to Comment
  • Synchrony Financial Will Be Added To The S&P 500, And It Should Also Be Added To Your Watch List  [View article]
    Does anyone else see the humor of one GE spin off replacing another GE spin-off in the S & P?
    Nov 10, 2015. 08:30 AM | 4 Likes Like |Link to Comment
  • Apache interest may not spark similar deals, as brave buyers are few  [View news story]
    848EVOJS

    HOW ABOUT EMOBIL-AP
    GET AWAY FROM THE BIG OIL TAB
    Nov 9, 2015. 05:06 PM | 1 Like Like |Link to Comment
  • The Fed Is Hiking Rates In December And What That Means For Markets  [View article]


    I'm for a rate increase for a number of reasons, one is that this administration will realize the expansion of the budget will cause their legacy to rate them just below Carter.
    Nov 9, 2015. 04:25 PM | 1 Like Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    buckoux

    Do you understand what a mismatch interest, currency and maturity
    book is to a bank? By you comment unless I'm mistaken you don't because if you did. You would understand the folly of your suggestion. As an example It is encouraged by the ZIRP policy of the Fed.
    Encouraged should be replaced by the word forced.

    Just a few historical points of the whiskey rebellion
    1] It was caused by western farmers who had surplus grain to make whiskey
    2] Alexander Hamilton tried to pay for the revolutionary war with the first sin tax
    3] The most tax evaders were from KY and they continued to try to evade
    up until WW II, after that the statistic was not meaningful.
    4] Prior to the rebellion the 9th & 10th Amendments were influenced
    by many suggestions as to who and how the people would be taxed
    Nov 9, 2015. 03:58 PM | 1 Like Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    wd40k

    hi B just barely getting back on my feet.

    I have to disagree, The deregulation of S&Ls in 1980, by the Depository Institutions Deregulation and Monetary Control Act signed by President Jimmy Carter on March 31, 1980 before the Gipper did anything.
    As to Holder not holding Dimon accountable what law do you think he broke?
    During the 90's under Clinton a ton of laws and regulations were changed
    and some by the ineptness of Clinton and his administration have no enforcement or penalty provisions.
    The bailing out of Continental Illinois was done by the FDIC. Just like before and since. The difference which Don Regan and most bankers was the waving of the cap on deposits and paying of the bondholders.
    In fact the TBTF term was created in 1984 because of this folly.
    The new bank called Continental Bank OWNED by the FDIC ultimately went into BankAmerica in 1994.
    Nov 9, 2015. 02:53 PM | 5 Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    hopeful117

    your the one posting errors

    Your comments show you don't the regulations or how the system works.

    ASK yourself why the government created "government-sponsored enterprises" (GSEs) why were they needed?

    Once you do YOUR research you should apologize to dukister.

    As I said in a comment above my bank and a majority of others saw that the CMO market was ripe with abuse in the 70's and what did the politicians' do

    I'm getting frustrated by people who don't understand the rules and regulations or were working in financial institutions in the early 80's and were not aware of the changes to regulations in the 90's that screwed everyone.

    You may have herd of RED LINING which was used against lower economic areas
    mainly inhabited by minorities.

    How the politician's whined. I agree that no one should be denied for race, creed and a dozens areas of discrimination.
    What none of the politicians' and their followers took into consideration were other factors :
    1] Banks were not going to lend other peoples money including minorities to areas that can not over time be viable.
    2] what happens to the value of a hard working minority person's house when
    a crack house pops up in the middle of the block.
    3] who wants to buy a house in a crime in festered place.

    Its called fiduciary responsibility

    If you look deeply numbers 2 and 3 come about by the politicians' not enforcing the law which over time causes number 1
    Nov 9, 2015. 02:23 PM | 3 Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    hopeful17

    I know of no tax free investments they made please tell us what you know
    Nov 9, 2015. 01:10 PM | 1 Like Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    hksche2000

    Many companies give bonuses (as they should for the profits they made because of their workers)

    Now think The Government doesn't give bonuses and how does it treat you
    Nov 9, 2015. 12:56 PM | Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    the cynic

    how about making a list of all the regulators that a financial institution has to deal with.
    list their name and what the regulate.
    now to that list give a designation when one or more regulators require the same information.
    now to this list give a designation of who the primary regulator for each institution and when conflict of products issued comes into play
    address that with another designation.

    As an example BANKAMERICA CORP at one time owned
    Bank of America NA
    Bank of America NT & SA
    Countrywide
    Merrill Lynch
    MLPFS
    over 20 financial institutions as working subsidiaries and couple of hundred
    shell subsidiaries to monitor trusts

    You also need to look at each branch or subsidiary located in a foreign entity.

    Now you see how much horse s can happen on the other side

    Think they open a new road and a guy takes off at 100 MPH
    he gets stopped and issued a ticket.
    The judge ask what were you thinking driving at a reckless speed?
    All the common people think the judge is going to send the guy to jail.
    The guy responds
    Judge look at my dash board camera tape there are no speed limit signs.
    Judge is force to say case dismissed have a good day.
    Although there were a lost of signs the most important one was not there.

    Lots of BS regulations but is many cases people are blaming the wrong people.
    Nov 9, 2015. 12:52 PM | Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    flecless 191

    thanks for help. I'm with USAA being a veteran so I never pay attention
    to who the sponsor is.
    Nov 9, 2015. 12:20 PM | 1 Like Like |Link to Comment
  • NYT: More oil companies could join Exxon as focus of climate investigations  [View news story]
    JC806

    Since Gores BS the Federal and states governments has spent nearly
    a Trillion. Guess how much NASA spend and multiply that for 20 years.
    Every department in the government some money on it.

    A bit off point but most federal departments & agencies have funded "law enforcement" units on example is EPA now that might seem ok however
    the law says the FBI does it's enforcement
    groups
    Nov 9, 2015. 12:14 PM | Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    brainleft

    Most people don't realize that the rules that were set up by Cisneros and followed by other democrats were the cause for the meltdown. It is the common people who are uninformed like yourself are one of the problems.
    The state farm commercial that says When you THINK your covered for this when your ONLY covered for that is a good analogy.
    Because most people never take the time to understand how financial institutions and government regulations interact they ASSUME a crime happens.

    Now there were some very underhanded participants on the financial side and were not "brought to justice" because they bended but did not break the law.

    In the 1970's when the GNMA problem first surfaced my bank choose never to deal with CMO's because of the potential for abuse. It took over 30 years but that house of cards finally fell.

    What's funny to me is that over 1 million people who actually broke the law
    no one seems to look in that direction. I was those COMMON PEOPLE who signed fraudulent documents as to their assets. Could it be that the majority of them live in blue states.

    Many people were morally wrong just not criminally.

    Note: I am a life long blue dog democrat so my comments are not politically motivated
    Nov 9, 2015. 08:46 AM | 9 Likes Like |Link to Comment
  • NYT: More oil companies could join Exxon as focus of climate investigations  [View news story]
    SURESHOT941

    Not to mentions all those Frenchman who will lose out on their delicacy
    Nov 8, 2015. 10:11 PM | Likes Like |Link to Comment
  • NYT: More oil companies could join Exxon as focus of climate investigations  [View news story]
    t*mauv

    I want the pony express It has to beat snail mail.
    Nov 8, 2015. 01:55 PM | Likes Like |Link to Comment
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