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  • Bank Of America And Merrill Lynch Avoid Death Penalty [View article]
    DD

    Your response is as usual is poor and missed the point

    I sad his great grandson

    lens craters is having a sale by the way
    Aug 22 03:16 PM | Likes Like |Link to Comment
  • Bank Of America And Merrill Lynch Avoid Death Penalty [View article]
    teach English

    IT was the community organizers who mandated loan to less credit worthy
    people Please read the Hud regulations and community reinvestment act.
    Trivia the funds paid to welfare clients are to be considered their money in the community which and honest person knows its BS.
    Aug 22 02:22 PM | 1 Like Like |Link to Comment
  • Could Microsoft Steal Mobile OS Market Share From Apple And Google Via Cloud? [View article]
    pimust

    According to my daughters Apple uses less than MS in key stokes to where they want to go. I guess they mean like the difference between a manual transmission versus an automatic. Each time you use the clutch you lose in reference to the drive only.
    Aug 22 02:15 PM | Likes Like |Link to Comment
  • JPMorgan, BofA to hike salaries of junior bankers [View news story]
    investorix

    Your getting confused a housing investor also comes under the capital gain provisions that you as a homeowner can't. The main problem is that the public for whatever reasons never do their homework and learn the rules and regulations. You should have been able to give me the correct answer to the mbs scenario seeing you worked in the industry.
    Don't be ashamed if you get it wrong so far 3 lawyer, 2 cpa and 2 dozen others got it wrong. Use the message center under my profile And I'll explain why the guilty are really innocent under the regulations. Too many people have low morals and don't do the right thing but the regulations people trust are many times jokes
    Aug 22 01:58 PM | Likes Like |Link to Comment
  • Steve Ballmer: Missing In Action? [View article]
    TECHY46

    I agree with most of what you say however I miss the reference
    used me and my assets. Can you expand on that.

    I also wish you answered my question on the mbs

    As to regulations I agree we need it but in its present form its a joke
    It's like CHICAGO the city with the most gun violence and most gun laws.

    The main problem is that the logic is not on the politician's radar.
    Aug 22 01:42 PM | Likes Like |Link to Comment
  • Bank Of America And Merrill Lynch Avoid Death Penalty [View article]
    teach English

    You might want to reflect on your nickname, hundred of thousands of people are bankers and few took part in the debacle.
    You might also ask why the hundreds of thousands who lied on their loan documentation have not been charged with fraud.

    Now a lot of people were hurt in the down turn but have you thought out all the damages teachers have inflicted on society by not doing the right thing.
    My daughter is a teacher who is very dedicate as most are. But steep back and think of the 50% of minority students who are below standards and the teachers just push them through the system so we end up with functioning illiterates who destroy society.
    I'm willing to bet that if we named every bad banker and every bad teacher we would have more bad teachers.
    Aug 22 01:25 PM | 1 Like Like |Link to Comment
  • Bank Of America And Merrill Lynch Avoid Death Penalty [View article]
    don
    if you think funfun statements were accurate I have a bridge in Brooklyn that's for sale. I do agree that some forms of reimbursements should be made however when the next crisis shows up and the government looks to another financial institution for help, I expect that the CEO will say **** it.
    When history puts a spotlight on this era MR O, Holder and his boys will be at the bottom of the list of effective government officials and Reverend Al's great-grandson will be crying racism.
    Aug 22 01:13 PM | Likes Like |Link to Comment
  • Bank Of America And Merrill Lynch Avoid Death Penalty [View article]
    charliezap

    I do remember those days on eastern long island. I also agree that branches cropped up like mushrooms.
    To go to the beach now it's twice as far away from me but I get there faster as the speedy limit on the highway south is 85mph no LIE crawls.
    Aug 22 01:05 PM | Likes Like |Link to Comment
  • Bank Of America And Merrill Lynch Avoid Death Penalty [View article]
    read the papers

    I see you have such a low reading comprehension that my discourse made no sense
    first did you read the 1st amendment?
    if not you don't understand the government and individual provisions

    Seeing you missed the word assumed within my comment as to the boss you loose all creditability.

    you also indicate your lack of knowledge as to the public figure versus individuals protections under the slander rules

    You should do exactly what your nickname says. read all the papers and books on the subject not just look for the comics.
    Aug 22 12:59 PM | Likes Like |Link to Comment
  • JPMorgan, BofA to hike salaries of junior bankers [View news story]
    investorix

    Ok I will answer you questions to the best of my ability
    1] Assuming no negligence on your part as the investor the taxpayers will fund your loses via capital losses on your income tax.
    2] trick question seeing the Fed did the loans no matter what the politician say no tax payer money was involved for the big banks you might note only the union owned companies didn't pay back the loans. You should also note the Fed received interest. none of YOUR money was involved.
    3] I don't disagree that letting some investment banks fold was not a bad idea . You might note if you carry that idea forward we would not have the biggest American airlines as they all went bankrupt.
    another note doctors do lose licenses however if the system was fair 10 times the amount would lose them. doctors like lawyers protect their own.
    4] I agree with the same standards however you first have to change the over 100+ different regulators. Do that and we can start a dialogue on how to adjust the financial institutions
    5] Here is where you lack of knowledge comes in the HUD regulations and Community reinvestment act forces those SUB prime loans-
    Who in their right mind would loan to anyone with out a 20% deposit.
    Didn't anyone learn from the margin requirement of 100 years ago.
    6] Anyone who invested in a CMO/MBS after 1974 deserved to loose money because no one paid attention to the GNMA Breakdown in the early 1970's
    7] as to claw back and fee you tell me why they never regulated them
    8] Sure I knew and any 14 year old knew,you tell me what you did about it
    and how many times you complained to the regulators. Since seeing the 1974 GNMA problem my bank never touched another cmo/mbs
    9] think how stupid your comment on nuclear bombs is and then ask your self how India, Pakistan and now Iran got there and they can't ever feed their people.
    10] You can pontificate but you fail to realize that the regulators write the rules and when you don't like what a bank does, 1st read the rules if they broke the rules make a complaint. if the bank didn't brake the rules
    lobby the politicians to make a rule

    now try to answer this comment I made yesterday on this subject

    I do agree with you to hold accountable those specific individuals that did wrong.
    the problem is that a lot of what was done was legal not moral but we can't jail those with low morals.

    take this example a mortgage broker packages a bunch of loans and presents to an investment banker 100mil loans and a prospectus filed with the SEC. The investment banker goes to a credit agency pays a fee and gets a triple A rating. The investment banker then calls his salesmen to market the paper to funds, wealth individuals and other banks.
    I'm a salesman and I call you up and say I have a triple A mbs that your pension fund my want to buy. You buy for the pension fund and never read the prospectus which on page 127 says the value is not 80% but 95% meaning enclosed is non conforming loans. 18 months later the mbs is a problem.

    In that chain only one person besides the mortgage banker did wrong
    want to guess who it is
    Aug 22 12:47 PM | Likes Like |Link to Comment
  • Bank Of America And Merrill Lynch Avoid Death Penalty [View article]
    read the papers

    you might want to read it. it pertains to speech versus the government
    not between individuals. The other problem is proving the words are true.
    Seeing your from my home town you might remember the nytimes on the absence of malice within public speech.

    As an example Assume I'm your boss I can fire you for what you say a comment on face book or twitter or in public. you have the right under free speech to ware a t-shirt with a saying on it however I could fire you for it. A lot of bosses are smucks as they say
    and you could be making a true statement but you could still end up fired.

    In my post to bd88 I was referring to the slander rules.
    historically
    you might also remember that you could not call someone a bastard however you could ask if he enjoyed his parents wedding.
    Aug 22 12:01 PM | 1 Like Like |Link to Comment
  • JPMorgan, BofA to hike salaries of junior bankers [View news story]
    hardog

    I would like to see CEO get paid no more than 250 k in salary.
    and a bonus and option based system. bonuses based on the bank meeting specified goals and options that are 5 year based and lose value
    when profit decline. I would also have a cash incentive that has claw back provisions payable at the end of service and a five year claw back time provision.
    Aug 22 10:59 AM | Likes Like |Link to Comment
  • Bank Of America Wins By Losing [View article]
    caperdory

    If Moynihan keeps his eye on the ball, BAC should do well. Between now and 2015 we should have a correction and the 2014 elections do matter.
    Assuming a moderate correction and a better Congress we should see a 25% gain during 2015. 30-35 would be within the range I hope
    Aug 22 10:51 AM | 1 Like Like |Link to Comment
  • Bank Of America Wins By Losing [View article]
    dictionshunary

    Even Mr O is not that stupid to return to Chicago. I bet he will end up in the land of fruits and nuts good old California. that way he can preach to the left coast while Clinton is on the east coast in NYC looking for girls.
    Aug 22 10:19 AM | 2 Likes Like |Link to Comment
  • Steve Ballmer: Missing In Action? [View article]
    wil3714

    I said enterprise value not market cap there is a difference and as a graduate student you should have picked up on it. I would like to see the names of the 8 Japanese companies and the years involved.

    I can tell you that between 1996 and 2000 only Nippon tel was in the top 10.
    My research does not go past 1996 so I am interested what Japanese companies were on between 1990-1995.

    It will be amazing to see the 7 companies that fell from grace.
    Aug 22 10:05 AM | Likes Like |Link to Comment
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