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  • Report: EPA plans to drop 2014 renewable fuel quotas [View news story]
    zorrow
    guess I dropped the play book
    good luck
    Nov 21, 2014. 12:42 PM | Likes Like |Link to Comment
  • Report: EPA plans to drop 2014 renewable fuel quotas [View news story]
    zorrow

    I'm not sure but AMD may have a large cost if Ethanol is no longer mandated.
    check the previous 2 year 10k available on AMD website for what properties they own.
    always protect yourself there have been green shoots in this country for 50 years but still very few flowers. wind, sun power are over 50 years old and we had electric cars over 100 years ago so do expect anything new ( a majority power source) in the next 20 years. I would hope it would happen but not putting any money on that table.
    Nov 21, 2014. 12:32 PM | Likes Like |Link to Comment
  • Report: EPA plans to drop 2014 renewable fuel quotas [View news story]
    mtmt

    ajzaddac is correct however you must understand the new congress could gut the EPA and send the Ethanol Stocks down the tube.
    Nov 21, 2014. 12:29 PM | Likes Like |Link to Comment
  • Report: EPA plans to drop 2014 renewable fuel quotas [View news story]
    mtmt

    BAD
    Nov 21, 2014. 12:26 PM | Likes Like |Link to Comment
  • GSEs near deal to re-ignite mortgage lending [View news story]
    index60/40

    Without government and wall st derivatives the sub prime borrower is dead. No bank would want to take on less than pristine mortgages because the risk reward is not there. Who would want to loan for 30 years when your funding source is 2.5 years? The mismatch is too great for safety.
    The main problem is the prices are too high in some areas and until the economy produces REAL full time jobs the Mortgagee base will continue to contract.
    When I refer to real jobs I mean 40 hour jobs. Many working 30 hours won't have the cash flow to become a home owner.
    Nov 19, 2014. 10:38 AM | Likes Like |Link to Comment
  • GSEs near deal to re-ignite mortgage lending [View news story]
    catfish

    No, but if your talking about it 18% monthly rise I still think you were lucky, otherwise you would have replied in a timely manner. If it had been a negative 10% you would never have commented.
    Nov 18, 2014. 09:37 AM | Likes Like |Link to Comment
  • Banks probed for violating bankruptcy laws [View news story]
    teachenglish

    I do not blame any President who pushed home ownership, I blame those who passed risky regulations.
    I happened to be a registered democrat for 45+years (BLUE DOG)
    I will condemn any politician who votes or signs legislation that is not economically logical or risky.
    I would love it if everyone had the ability and resources to own a home,
    sadly my economics training tells me that until the educational system is vastly improved that's not going to happen.
    Look at what's happening to the Obamacare legislation, They lied to get the bills passed and now they are just realizing that as produced the economy can not take it and that's one of the reasons for the waivers so
    you don't know you've been screwed until after the 2016 election.
    For those aged 18 to 35 in 2012 will be the one's who are going to be screwed the most however they were the one's who put Obama in for 4 more years. Former Mayor KOCH of NYC once said - the people must be punished for voting the wrong person in- he was a blue dog democrat.
    Nov 15, 2014. 01:47 PM | 1 Like Like |Link to Comment
  • Banks probed for violating bankruptcy laws [View news story]
    ITCHYGONADS

    The newspaper you mentioned is a UK paper not known for quality of reporting.
    it's closer to the National Enquire than the NY Times.
    The article is about getting out of fossil fuels not shorting oil.
    check you link.

    to learn about oil pricing study this link
    http://www.cmegroup.com
    Nov 15, 2014. 10:41 AM | Likes Like |Link to Comment
  • Banks probed for violating bankruptcy laws [View news story]
    fun fun
    I do agree with you the vast majority of regional and community banks which are competently run with integrity never experienced the huge losses in the credit market crisis of six years ago, nor did they precipitate the national financial mess. I do blame the government for creating the environment that allowed all the types of mortgages that led to the debacle. I also blame certain democrats who pushed housing for people who were not capable of ownership for political reasons.
    Nov 14, 2014. 12:25 PM | Likes Like |Link to Comment
  • Banks probed for violating bankruptcy laws [View news story]
    teach English

    You have mentioned two of the top five spin groups, most are village idiots
    just like when I see Chuckie cheese Schumer and call him Congressman never Senator(he hates me). I have no problem when people follow the letter of law my problem is very few actually know the law.

    It is important to people who are seeking employment because credit scores are checked by employers. If a credit report is not accurate because Past Due is still present on debts that have been discharged, this might keep the person from getting a job.
    This is a false flag because the credit score should not change because the past due becomes bankruptcy and stays for 7 years on the report.
    Check with the FTC.

    Why the vitriol again is a poor choice of words.
    I agree with your statement the "bundled loans" that were sold off to investors were clearly not rated properly. Think on that the next time you hear a "certified" anything.
    D Trump companies have declared bankruptcy not the person, and you would be a fool to invest with him.
    And FYI the word "manor" means a home on an estate. I think you meant to say in a timely "manner." Close, I had dinner at a friends house in Manor, TX just before I wrote the comment (a true senior moment)


    Nov 14, 2014. 12:19 PM | 1 Like Like |Link to Comment
  • Banks probed for violating bankruptcy laws [View news story]
    independent84

    I have to agree with you, the main problem is people like the SA editor Alpher who crosses the journalist line of bias and his bosses do not pull back on his collar. The other two main problem is the extreme lack of knowledge of banking, and that so few understand finances and basic economics in their daily lives.
    I'm a baby boomer (1946) and 20% of the people who were born that year do not have the funds to retire on their terms.
    Nov 13, 2014. 08:50 PM | 1 Like Like |Link to Comment
  • Banks probed for violating bankruptcy laws [View news story]
    fun fun

    I think the Cheat to Compete has always been a European Bank problem that a few here have copied from our cousins.
    Nov 13, 2014. 08:39 PM | Likes Like |Link to Comment
  • Banks probed for violating bankruptcy laws [View news story]
    fun fun

    it's the knife that causes the reaction not the amount.
    Nov 13, 2014. 08:37 PM | Likes Like |Link to Comment
  • Banks probed for violating bankruptcy laws [View news story]
    teach English

    For a person with the title Teach English the term "bailed out" is incorrect.

    The banks were given loans and they paid them back with interest except
    Ally bank former known as General Motors acceptance corp. Guess why they haven paid the loans back.

    As I retired from banking since 2000, so some of the rules have changed.

    When I worked in banking we never changed the status of a loan until we got a copy of the court order (bankruptcy court). Assuming how sloppy
    the courts and the banks have been in the past, I'm inclined to believe many banks had sold the loans prior to the bankruptcy date.
    It makes no sense not to close the loan when the proper paper work is received.

    I can think of a reason why the borrower would not present the paper work in a timely manor because under certain circumstances the bank would send you a 1099 for the losses involved as per IRS regulations.
    Nov 13, 2014. 08:31 PM | 1 Like Like |Link to Comment
  • Banks probed for violating bankruptcy laws [View news story]
    D a I B

    Banks get sued a lot by lawyers however in my experience most are of the Ambulance chaser ranks rather than competent lawyers. During my 30+ years in different areas of banking, I have been personally involve in less than a dozen suits and in each case the bank prevailed. Unless your a bank that likes turnover. (big banks)The average bank wants to help the customers because having happy & loyal customers gives you great profit in the long run, just like any other service industry.
    Nov 13, 2014. 01:38 PM | 2 Likes Like |Link to Comment
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