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NYCTEXASBANKER

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  • No Matter How Much One Complains, Bank Of America Is Tremendous Value [View article]
    arkyde

    Start thing about a bank just like a business what do you think it cost them to cash your check. Especially if you live in Maine and sent your grandchild in New Mexico a check. Because of technologies and economies of scale those services out of the main stream are covered. If you actually paid the real cost that $10 would have a $50 fee.
    Jun 25, 2015. 04:19 PM | Likes Like |Link to Comment
  • No Matter How Much One Complains, Bank Of America Is Tremendous Value [View article]
    gwynfryn

    Banks, don't want those types of accounts that's the reason for fees.
    Because of the reserve and restricted investment of the funds.
    Many people assume that the money they deposits are fungible which they are not. The regulators actually have segregate how certain accounts can be invested or used.

    I don't know the present rule for check cashing in Europe however going back to the 1990's I remember that a check cashed in Nice would cost
    over 15 pounds to return it to the London branch for payment
    Jun 25, 2015. 03:48 PM | Likes Like |Link to Comment
  • No Matter How Much One Complains, Bank Of America Is Tremendous Value [View article]
    GWYNFRYN

    The WHOLE building society of the UK is not even 25% the size of BAC assets. They are the same as credit unions here. Some day they hope to grow to become a BANK.
    Jun 25, 2015. 03:28 PM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    gw

    your cherry picking part of my post, but then again maybe that's all you did in the real world.
    I'm now off to NYC, to see Mind’s Eye: Storylines: Contemporary Art at the Guggenheim, a couple of Broadway shows and visits to the met and moma
    and see if I can still jog around the reservoir in Central Park.

    The last time I looked at LINE you made a penny since the opening
    Jun 24, 2015. 04:11 PM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    gw

    I said he left in 2006 so management should have corrected any errors he made. 5 years later it collapsed.
    Jun 24, 2015. 04:03 PM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    gw

    The fact remains, WEIL and company (and all other were his henchmen) destroyed way more value $$ than Madoff ever did.

    who cares they should have read the writing on the wall.
    Jun 24, 2015. 03:48 PM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    the term is bailed in didn't you read that in my post
    Jun 24, 2015. 03:46 PM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    GW

    Yes, I've owned quite a few securities for 40+ years.
    Anyone who owned Citigroup got what they deserved they never read the 10k or 10Q or didn't comprehend what was written. Prior to Reed leaving CITI had the best IT of all banks. Upon Reed's departure Citi was a disaster and easy pickings from the clowns at Travelers. If you were unaware that citibanks nickname was shittybank you never read or herd
    anything financial info from back then.
    your statement You defended the bankers
    I said to rlp
    I agree with you that some people should have been prosecuted the problem is that most of what the people perceive as a crime is in fact not a crime. We have our legislative leaders to thank for that.
    People like you don't know the regulations or laws complain but it's your basic lack of knowledge that deludes you.
    You defended Weil
    I said to rlp
    I don't doubt some of Weil's moves caused some of the problems however you should read what Rubin did. You should also read about Cisneros at HUD under Clinton and the repeal of Glass Stegall during the Clinton administration. If the people understood what Clinton did to help the debacle, Hillary would not be in the running.
    You don't comprehend what I was saying that there were more guilty parties that Weil but your ignorance of the situation blurs you logic
    you said You tried to argue that Citicorp was not as bad as it looked
    I said about rlp
    You don't understand the graph here is the print from yahoo historical prices note oct 1 ,2006 was a sunday.
    I told you
    Citigroups nickname has Shittybank and everyone knew it. So anybody who lost money was like the Madoff victims were stupid. It was a train wreck waiting. Where you one of the losers?

    I argue logic, you live in a made up reality
    Jun 24, 2015. 03:15 PM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    gw

    I didn't say the charts were wrong I said he didn't read them correctly.

    Just like you can't read and comprehend correctly what I said
    Jun 24, 2015. 12:13 PM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    rlp

    The prices are the prices that traded that day
    the adj close represents the splits/dividends.

    I don't doubt some of Weil's moves caused some of the problems however you should read what Rubin did. You should also read about Cisneros at HUD under Clinton and the repeal of Glass Stegall during the Clinton administration. If the people understood what Clinton did to help the debacle, Hillary would not be in the running.
    Jun 24, 2015. 11:55 AM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    rlp

    I agree with you that some people should have been prosecuted the problem is that most of what the people perceive as a crime is in fact not a crime. We have our legislative leaders to thank for that.

    One of the biggest problems is a lot of CMO were sold with a prospectus. The prospectus spelled out the obligations were of very poor quality but for reasons unknown to me the rating agencies gave them a triple AAA rating.

    Because the prospectus didn't lie NO CRIME.

    It's like a CERTIFIED USED CAR it's only good IF they repair the lemon.
    Jun 24, 2015. 11:24 AM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    rlp

    You don't understand the graph here is the print from yahoo historical prices

    note oct 1 ,2006 was a sunday.

    Oct 4, 2006 50.05 51.06 50.00 51.03 2,093,400 454.66
    Oct 3, 2006 49.59 50.39 49.55 50.09 1,508,400 446.28
    Oct 2, 2006 49.68 49.85 49.28 49.49 1,167,800 440.94
    Sep 29, 2006 50.00 50.07 49.58 49.67 1,690,800 442.54
    date, open, high, low , close, volume adj close

    Jun 24, 2015. 11:09 AM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    GW

    Your in ability to read and write(I think him)is severely challenged so every one who corrects you is arrogant.

    The term is not bail out what happened to GM
    but bail in which came about in 2010 to describe money given to financial institutions whether or not they needed it or not. Now if you would do more reading and making less incorrect statements.

    your facts which were disproved
    1] Rubin instead of Weil
    2] prices in 2008 for citi.
    3] citi reversed split in 2011 weil left 5 years before

    everybody wins occasionally but long term if you can't read you can't win long term
    Jun 24, 2015. 10:46 AM | 1 Like Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    GW
    You don't understand percentages, they expanded out 10 shares in 13 years and retreated back in years
    your statement
    That is a 1,000% rally - tell me how many years before that happens Mr. Banker.
    my answer
    Your are aware that the security had 8 stock splits between 1987 and 2000 so 13 years could be your answer

    read responses correctly.

    You embarrass yourself.

    Citigroups nickname has Shittybank and everyone knew it. So anybody who lost money was like the Madoff victims were stupid. It was a train wreck waiting. Where you one of the losers?

    The facts are in September 2008 the stock price was between 12.85- 22.53.
    it seems your reality is in another dimension.

    STOP making up your facts you have been caught being dishonest too many times.

    I'm leaving for my month in NYC this weekend so when I get back in August we will see if the LINE/LNCO dividend has been cut.

    Jun 24, 2015. 08:55 AM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    gw

    Your theories are laughable you also named the wrong guys involved. Weil left in 2006 but then you never look at facts. Ever hear of Robert Rubin?

    Your are aware that the security had 8 stock splits between 1987 and 2000 so 13 years could be your answer.

    Seeing they borrowed and paid back with interest your statement of
    THEY WERE TOO BIG TO FAIL is wrong like most of your statements.

    no comment or figures for you last short. Is there a possibility it never occurred?


    After your zzzzzzzzzzzzz get some numbers.
    Jun 24, 2015. 04:24 AM | Likes Like |Link to Comment
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