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  • Next spot for GE headquarters - Texas? [View news story]

    Remember the last Texas governor got Toyota to abandon California for Texas. I bet MOONBEAM loved the poaching
    Jun 11, 2015. 05:50 PM | 1 Like Like |Link to Comment
  • Next spot for GE headquarters - Texas? [View news story]
    Tahoe progressive.
    I am a native New Yorker who retired to Texas. Every year I return for a couple of weeks. Yes, the Cultural opportunities of NYC are second to none. Nearly everyone on my block here in Texas has seen 2 or 3 Broadway plays in NYC in the last five years. I doubt you could find many people from Stamford who could say the same. It also goes for the great museums in NYC.
    You lack of knowledge about Texas, it's schools and infrastructure is way out of date.
    Jun 11, 2015. 05:42 PM | 4 Likes Like |Link to Comment
  • Next spot for GE headquarters - Texas? [View news story]
    deep time

    No one disputes the great colleges of the east which basically were started decades before colleges were started west of the Mississippi.
    My daughter is a Cornell graduate and lives north of Houston.
    Now seeing you have the list of the best Colleges think of it from another way, if every state had equal schools each state would have two. Now eliminate the Ivy League schools who had 50 years start on everyone else.
    Tell us how many states have 6 out of the remaining 92 schools.

    Just a note but Texas had 2 of the top 10 high schools last year.
    Jun 11, 2015. 03:24 PM | 2 Likes Like |Link to Comment
  • Next spot for GE headquarters - Texas? [View news story]

    Why not look at it in a different way, States that have high taxes and little to show for it. Prime examples PA,NY,CT,RI & MA.
    Try and get a copy of where the engineers say the state infrastructures are the worst. In PA it's the bridges.
    Jun 11, 2015. 01:14 PM | 4 Likes Like |Link to Comment
  • Next spot for GE headquarters - Texas? [View news story]

    Schenectady is a beautiful place in summer however If GE were to move, my guess would be a place where snow is a four letter word.
    Jun 11, 2015. 12:46 PM | 3 Likes Like |Link to Comment
  • Next spot for GE headquarters - Texas? [View news story]
    shelter dog

    Your comment shows both a lack of knowledge of Texas and of GE.

    How many of GE Units are in Texas vs CT?

    In the long run which state has the better economy?

    Being a native New Yorker I spent a lot of time in Stamford, CT and that area is a dog that needs to learn new tricks.

    Since I retired to Texas I have had the opportunity to visit every major city in Texas and all are growing. The major thing in Stamford is the train station for the commuters to go to NYC.
    Jun 11, 2015. 12:46 PM | 9 Likes Like |Link to Comment
  • The $936 Million Quirk In Bank Of America's Earnings [View article]

    The main problem is that banks decide to be specialist in one or two areas.

    Example BofA, Wells Fargo, JPMorgan Chase, and Bank of NY Mellon.

    B of A is more a deposit bank than the others
    Wells is more a mortgage lender
    JP Morgan is corporate banking
    BNY Mellon is a custody bank.

    Yes, all do general banking , but their main clients are very divergent and that does show in the minutia of the balance sheet.
    Jun 11, 2015. 12:45 PM | 1 Like Like |Link to Comment
  • Time To Take A Long Position In General Electric Part 2 [View article]
    I see three problems ahead, one I don't see the dividend reaching pre meltdown level till 2018 or later. If GE doesn't execute the SYF spinoff correctly I see a decline in a dividend. With the next slowdown I see a steeper decline in the stock price than what many people expect.

    I am a very long term stockholder and will continue to hold after the spinoff
    Jun 10, 2015. 11:59 AM | 4 Likes Like |Link to Comment
  • How big is GE Capital? [View news story]
    "We disclose ENI in addition to total assets so that our investors can better assess our total capital invested in financial services," GE spokesman Seth Martin said.

    These are the guys who almost put GE under.

    Immelt smoke and mirrors
    Jun 9, 2015. 01:27 PM | 1 Like Like |Link to Comment
  • General Cable names new CEO [View news story]
    " Kenny will remain available to McDonnell and the board in an advisory capacity through year's end". Based on the job he has done, serving coffee to the Board of Directors would be about right.
    Jun 8, 2015. 10:20 PM | Likes Like |Link to Comment
  • Ethanol stocks outperform as EPA unveils mandate [View news story]
    blue 22

    The U.S. imported about 490 million gallons of Brazilian ethanol in 2012. That less than 12 million barrels a year. Half of that was imported by California however no one mentions the scam that US sent Nebraska ethanol back to Brazil to play the Carbon numbers. We are not the principal customer of Brazil. As to the children being sent north is an urban myth because the children crossing our border speak Spanish. If they were from Brazil they would speak Portuguese.
    Jun 7, 2015. 12:18 PM | Likes Like |Link to Comment
  • BofA and Goldman are more than rising rate stories [View news story]

    NO, hand written was only 10% of the problem. The main problems were
    1]not giving the proper name on the account without an account number. Using the SA editor as an example We could have two clients Stephen Alpher and Steven Alphen and the letter was from S Alpher.
    2] Very poor grammar so I was hard to decipher what the customer wanted. Example I am due money from X corporation. Now X corp was like BANK of AMERICA had common stock, several preferred issues and a dozen bond issues. This was also before computers so someone had to go through bookkeeping sheets.
    Jun 6, 2015. 01:57 PM | Likes Like |Link to Comment
  • JPMorgan Lays Off 5,000 Employees: Investors Should Lay Aside Their Shares [View article]
    I have two problems with the article.
    1] Since 1980 all bank reduce their staffs by 2-4% annually because of new technology.
    2] With rates seeming to go up in the near future I would not take any money off the table

    If you also look at call volume a lot of bets are being made on a move over 70
    Jun 6, 2015. 01:45 PM | 2 Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]

    Thanks for clarifying I hold this in a Roth so I never look at type of dividend.
    Jun 5, 2015. 08:44 PM | 1 Like Like |Link to Comment
  • BofA and Goldman are more than rising rate stories [View news story]

    Over 50 years ago, during my summer vacation from high school, I was assigned to a unit at Chase to open mail within the corporate trust division and send it to the proper department. Now this division handled everything to do with securities
    so one assumed that those writing had at least some wealth. About 1 in 4 letters (25%) were put in the indecipherable pile for further research. Seeing that the educational standards have been declining over those 50 years. I would guess the indecipherable pile might be over 50% and take a long time to research to resolve the problem.
    Jun 5, 2015. 07:21 PM | 2 Likes Like |Link to Comment