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  • Regulators set out new rules for SIFIs  [View news story]
    hopeful 17
    You have the nerve to trash manufacturing for a few rotten eggs, when the financial sector you spent your life in shuffling papers is just full of CROOKS.

    Try using logic in history a few Thousand rotten eggs who were engineers
    have KILLED THOUSANDS because they didn't do there jobs. Many did it for GREED but many more were inept think how many products failed and caused death. The engineers on the deep horizon rig who failed to do the math. The engineer who gets the load rate wrong and the scaffold fails.

    Bankers were greedy and have slime on their hands

    Engineers were greedy and have BLOOD on their hands.

    Using your math 130 Billion for bankers what's the Value of a human life for the 1000s who died ?

    What part of the industry did you work in.
    Dec 2, 2015. 01:12 PM | Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    Sally g

    Read each card and think it out

    take 9 clubs joe cassano
    Created 500b portfolio of CDS with meaningful capital.

    Who decides what is adequate capital? The authorities around the world keep updating the tier capitial requirements.

    take Jack of clubs jamie dimon
    conflict, what conflict

    Chase own shares in the FED don't you look after your investment

    Fights agressively against bank regulation.
    bias comment but every body should be against laws and regulations that are stupid
    Dodd Frank is one example. Take gun control, Chicago has the most gun control laws it also has the most gun shot victims

    Like I said think it out
    Some of the cards are right but others are wrong.
    Dec 2, 2015. 12:55 PM | Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    hopeful 17

    Rudolph Giuliani when he was U.S. Attorney for the Southern District of New York.

    How many of his convictions were overturned on appeal
    guess you missed that.

    Then you can read up on Michael Milken, the connections of the mafia and the high rollers on wall street.

    I knew MM when he worked for Drexel and he got what he deserved.

    I want ACTUAL NAMES OF PEOPLE followed by what they specifically did.
    if you can't don't keep giving bull.
    Dec 2, 2015. 12:31 PM | Likes Like |Link to Comment
  • Should General Electric Shareholders Swap For Synchrony?  [View article]
    mjtroll1

    I don't consider it a win. I was basically told what I said to you. I back checked about 10 funds and had to agree with what I was told. Maybe some one who has too much time on there hands can find other funds and stick it in my ear.
    Dec 2, 2015. 12:14 PM | Likes Like |Link to Comment
  • House, Senate agree on long-term highway bill, reauthorizing Ex-Im Bank  [View news story]
    silicon doc

    instead of making loan modifications that could actually prevent people losing their houses, which were underwater, due to faulty loans from... Banks.
    nice part of fiction
    due to faulty loans How were they faulty please explain in detail.

    instead of making loan modifications Are you aware that in many areas laws and regulations prevented your modifications?

    Invest in treasury notes that paid more in interest than the interest the banks were charged. You know this by reading the balance sheet of banks
    or did you hear bull from the media.
    Go to SEC filings 10 k and 10 Q and do the math.

    Then think about this a bit more.

    After you do that I expect you will print an adjustment to your comment.

    I become cranky when the common people who are given 20 questions about how banks function might get 3 right.

    That's why people paint the 800,000 bankers for the sins of a couple 1000's idiots while no one speaks about the 250,000 "customers" who committed bank/wire fraud by signing mortgage document with fraudulent assets listed.
    Dec 2, 2015. 12:06 PM | Likes Like |Link to Comment
  • House, Senate agree on long-term highway bill, reauthorizing Ex-Im Bank  [View news story]
    bobauten

    First the banks own the FED so why should the politicians play with it.
    The FED was paid back the Trillion with interest.
    Seeing you worked for homebuilders did you not play the financing game?
    If the banks had not got into subprime you possible would not have a job.
    WE overbuilt 6.5 Million homes for people who could not afford it.
    TOO many people made very bad choices.
    Dec 2, 2015. 11:52 AM | Likes Like |Link to Comment
  • House, Senate agree on long-term highway bill, reauthorizing Ex-Im Bank  [View news story]
    fripp1

    If you would look how government GAAP differs from normal GAAP you might see the problem.
    Didn't anyone learn from the 2008 meltdown.
    If the banks could make money why would they not touch those loans

    ANSWER the RISK
    Dec 2, 2015. 11:40 AM | Likes Like |Link to Comment
  • Should General Electric Shareholders Swap For Synchrony?  [View article]
    mjtroll1

    Exactly, if the top investment goes up the fund still can be still knocked by
    the poorer performing stocks. When you add in the fees the customer starts in the hole.
    Dec 2, 2015. 11:37 AM | Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    hopeful 17

    I am not retired. I will Never stop working until they carry me off.
    While I consider myself retired. No longer working for some one.
    I do run a closed end fund. I write a monthly investment letter.
    I do pro bono risk and credit help for people.

    l find your chutzpah
    I doubt I take a back seat to you. In fact if I had wanted to become part of the NY banking system I am sure I would have made your $$$ performance look poor.
    I doubt you were even close my salary in the 1990's was 165k before bonuses or profit sharing. Seeing you know NYC, I was a junior at CCNY Baruch before being drafted. I was accepted by Stuyvesant High School but chose to go a private academy. So you know the Stuyvesant entrance exam is not a walk in the park.

    One of the reasons I became an engineer was because it was truly a challenge. Based on you comments a Lionel engineer sounds about right however I find it funny as the manufacturing industry and an engineers KILLED people for GREED. REMEMBER. 721 tires, pinto gas tank, and the GM ignition switch. In each case it was and engineer who was responsible.

    a 1620 IBM computer was a small scientific computer that was not a big seller. Banks used the 1400 series.

    Manufacturing was using automated equipment back in the 40's and 50's
    ever hear of a bookkeeping machine from the 20's get real

    I have a neighbor who did work on Wall Street for a couple of years and absolutely quit, got his PHD and taught economics/finance at a local college. The reason he quit HE TOLD ME, was because of the crap he was asked to do.
    Could it be that he is actually is the poster boy for the adage those who can't do. Teach.
    Ask him about Algorithmic Mismatch Programs banks use. If he can't you have your answer.
    I love that he went from a cold call salesman to a PHD.
    Dec 2, 2015. 11:28 AM | Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    hopeful 17

    Do you really want me to name the names and supply you with more articles

    NO, I want ACTUAL NAMES OF PEOPLE followed by what they specifically did.

    Example Alan Freed took bribes from record companies.
    He pleaded guilty to two counts of bribery

    Not bull about companies. Using CNN as a reference, you might look at how much Time Warner has had to pay out for bad reporting.

    matt taibbi has not been considered a real journalist and as a result can not find a job in main media. His father Mike could not get him a job.
    Dec 2, 2015. 10:30 AM | Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    Sally G

    When Joseph L. Magrino Jr left the SEC in the early 1970's.
    No one in the industry took the SEC seriously.
    Dec 2, 2015. 10:21 AM | Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    RELOSPECIALIST

    I would like you to re read my post, I have repeatedly said that investment bankers and mortgage bankers did reprehensible acts but not criminal acts.
    I also said many banks recognized in the 70's that CMO's were a disaster and took actions.
    I blame the following government actions (Just to name a few)
    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
    Carter's community reinvestment act of 1977
    Cisneros HUD changes that made sub prime loans.
    1999 repeal of Glass-Stegall act.

    Have you ever heard of the term time line
    Then explain how the meltdown of 2008 and the enactment of SIFI in 2011
    and your comment now defends all their actions using SIFI as an excuse

    Did you notice my comment how DF who was to stop TBTF and did the exact opposite.
    Did you notice my comment that the big banks should be forced to become regionals banks (in the 1984 ATT mode) Confined to a contiguous 10 state area.

    The bottom line is I ask anyone to name an act by the anyone that was against a regulation or law where so one could be prosecuted
    A NAME AND THE CRIME.

    I could list dozens of acts that were stupid, immoral and sleazy but not criminal.

    I also feel for you choice of buddies
    My buddy working for Countrywide once told me a person just out of a five year prison stint qualified for a loan with his clean credit rating

    With no work history and no legal residence for 5 years. You were pranked

    I do thank you for understanding how banks are useful to help the economy grow.

    I also find it humorous when people like Hopeful 17 vent against the banking industry about its warts but can not see people like himself in the manufacturing industry and an engineer KILLED people for GREED.
    REMEMBER. 721 tires, pinto gas tank, and the GM ignition switch.
    In each case it was and engineer who was responsible.

    I hope you get a chance to review and comment
    Dec 2, 2015. 10:12 AM | Likes Like |Link to Comment
  • House, Senate agree on long-term highway bill, reauthorizing Ex-Im Bank  [View news story]
    hopeful 17

    I'm against ex/I'm bank however please give details to the 14b scam
    I'm at a loss as never hearing about it.
    Dec 1, 2015. 10:02 PM | Likes Like |Link to Comment
  • House, Senate agree on long-term highway bill, reauthorizing Ex-Im Bank  [View news story]
    jingals33
    its a great dog and pony show for non financial people.
    on pg 67.The Federal Credit Reform Act of 1990 requires federal agencies to transfer excess funds to the U.S. Treasury
    on pg72 The financial statements were prepared in accordance with accounting principles generally accepted in the United States of America
    for federal agencies
    NOTICE(government GAAP).
    As explained in more detail in the notes, the financial statements recognize the impact of credit-reform legislation on the Bank’s commitments. Other financial information related to the Bank included elsewhere in the report
    is presented on a basis consistent with the financial statements.
    on pg 77 Appropriations (discretionary and mandatory) 1,418.1 — 1,418.1
    (DO YOU KNOW WHAT THIS MEANS)

    There's more but you get the idea.

    As I said to another commentator
    Even today the taxpayer advances certain administrative funds.
    It's like paying the Navy to put a fleet in the gulf of Mexico to protect us from the Mexican navy.
    Dec 1, 2015. 09:46 PM | 1 Like Like |Link to Comment
  • House, Senate agree on long-term highway bill, reauthorizing Ex-Im Bank  [View news story]
    scotchyscotchscotch

    If you go back to the beginning and assume the funds given by the taxpayer and was not repaid and is a loan generating interest E I is very negative. Even today the taxpayer advances certain administrative funds.
    It's like paying the Navy to put a fleet in the gulf of Mexico to protect us from the Mexican navy.
    Dec 1, 2015. 08:23 PM | 1 Like Like |Link to Comment
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