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NYCTEXASBANKER

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  • Bank Of America Corp.: An Unethical Past But A Fundamental Recovery [View article]
    GWYNFRYN

    When a person takes a loan it is the problem of that person to pay it back. In the States they suggest you take a declining term insurance to protect for just this type of problem. if you don't then you accept that risk. The bottom line is a bank lends other peoples money for a fee. And is required to protect that money. In these situations people side with the borrower when common sense says you should side with the depositor.
    Dec 31, 2014. 09:13 AM | 4 Likes Like |Link to Comment
  • Bank Of America Corp.: An Unethical Past But A Fundamental Recovery [View article]
    Anthony Brunson

    You article was pitiful because you told a story without facts and /or quoting the source of your reading. Please research and find out how the bank made the 66%
    profit. Get the facts and figures. What was the size of the mortgage, was it part of a government induced mortgage better known as sub-prime. Did the bank issue the mortgage or was it sold to them by a mortgage broker? What was lacking on the part of the family that caused the foreclosure.
    If you can't answer these questions it had no business being incorporated in your article.
    Dec 30, 2014. 10:51 PM | 4 Likes Like |Link to Comment
  • Why Bank Of America Should Trade For $22 In 2015 [View article]
    eftvox

    I was afraid that DF would screw with the smaller banks, you also have to deal with saint warren of massachusetts. I wonder how many on main street realize that their cost went up or getting less on their deposits for protection they never needed if the regulators did their job and the democrats had not changed the regs. to force loans to those who should never been given loans. My bank saw the screw ups in the GNMA trading in the 1970's and decided "NO MBS". I guess we were lucky as common sense overrode the traders profit fantasies. Now that I'm retired, I don't miss the 11 hour days. Good luck at work and investing
    Dec 30, 2014. 05:50 PM | 1 Like Like |Link to Comment
  • Why Bank Of America Should Trade For $22 In 2015 [View article]
    eftvox

    At the bank you're with do they mismatch by branch, region, or country.
    Back when I did it for an foreign bank we did all branches in the Americas off one report. The daily currency fluctuations were the most fun to watch.
    Dec 30, 2014. 09:10 AM | Likes Like |Link to Comment
  • Verizon's Price Action Is Worrying [View article]
    Tom B

    I think the diamond in the ruff for VZ and T is fiber. Assuming more content goes on the net and the unbundling of cable might just be what the doctor ordered. I am looking out 3-7 years.
    Dec 29, 2014. 05:17 PM | 1 Like Like |Link to Comment
  • General Electric: The Stealth Index Fund With Twice The Yield [View article]
    gumby

    Can you tell me what percentage of aluminum does GE use in its metal portfolio?
    Dec 29, 2014. 05:00 PM | Likes Like |Link to Comment
  • Why Bank Of America Should Trade For $22 In 2015 [View article]
    hannes

    Banks that have good mismatch programs should not be effected by interest rate movements.
    Dec 29, 2014. 04:47 PM | Likes Like |Link to Comment
  • Why Bank Of America Should Trade For $22 In 2015 [View article]
    funfun

    Only poorly informed and the irrational use day 1 for a CEO, top analyst for banks say it takes between 18 -24 months depending on the size of the balance sheet and the size of the staff. You add 6 more months if the international department exceeds 15% of the bank. At that point the policy and procedures should be in full force. If you review the numbers based on that assessment the outlook is bright. Most investors who followed that path have better than average gains. Seeing my shares are in Roth accounts the gains are even sweeter.
    Dec 29, 2014. 04:43 PM | 2 Likes Like |Link to Comment
  • Update: OK, Now We're Cautious On ARCP [View article]
    TENNVOL-30736

    YES, So was the one near me. It make take a while and I may take a big hit but I want to see the red lobster portfolio. If, I like it I will stay and add or if I don't like it, it will be an expensive education.
    Thanks for the info
    Dec 29, 2014. 04:23 PM | Likes Like |Link to Comment
  • Discover sues Visa over debit card practices [View news story]
    cer4040

    Discover has sued Visa before and won
    Dec 27, 2014. 09:48 PM | Likes Like |Link to Comment
  • Update: OK, Now We're Cautious On ARCP [View article]
    hjorleif

    I doubt that will happen and it that's why your in the stock I see a loss in the near future.
    Dec 24, 2014. 05:33 PM | Likes Like |Link to Comment
  • North Dakota to require every barrel of crude oil be filtered [View news story]
    STUMAHLIN

    Those so called renewables have been around for 40-150 years. Some have made modest advances however until they make up 25% of the energy complex your spiting into the wind.
    Dec 24, 2014. 05:31 PM | Likes Like |Link to Comment
  • 3 Reasons Why Bank Of America Is One Of My Top Picks For 2015 [View article]
    dodgerbob

    this might work.


    http://on.wsj.com/1GTpweS
    Dec 23, 2014. 08:43 AM | Likes Like |Link to Comment
  • Update: OK, Now We're Cautious On ARCP [View article]
    T B
    All the rating agencies are a joke, I wish I had a dollar for every incorrect rating I've seen in my over 50+ years of trading. I would bet I wound be real near Bill Gates in wealth.
    Dec 17, 2014. 12:43 PM | 2 Likes Like |Link to Comment
  • Update: OK, Now We're Cautious On ARCP [View article]
    jackelpub1

    Until the smoke clears panic or selling is not justified.
    Dec 17, 2014. 12:38 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
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