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NYCTEXASBANKER

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  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    GW

    Back from a great time in NYC saw you covered but like always not at the price you stated.
    Jul 29, 2015. 09:59 AM | Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    gw

    Didn't read this till 7/29 like I said I was going to NYC. Just shows you got lucky but since you never responded to the margin questions I assume all your statements concerned paper trades.
    Jul 29, 2015. 09:57 AM | Likes Like |Link to Comment
  • Glut of gas heading south to narrow region's price premium, analysts say [View news story]
    RUFFDOG

    Nearly 1/3 of the homes on Long Island have no nat. gas because there are no gas lines near their houses.
    Jul 23, 2015. 11:31 AM | 2 Likes Like |Link to Comment
  • No Matter How Much One Complains, Bank Of America Is Tremendous Value [View article]
    moneybag8988

    I doubt the new compliance rules sit well with the Brokerage units. I do agree that mother Merrill could be a long term asset
    Jun 26, 2015. 06:49 PM | Likes Like |Link to Comment
  • No Matter How Much One Complains, Bank Of America Is Tremendous Value [View article]
    cogitor

    Most banks use mis match system. It basic list all loans and borrowings by maturity date. To this they ad historical data (example 70% of all CD's rollover therefore you plan for a possible redemption of the 30%.)
    I agree with gwynfryn that you should read Van Deventer comments on bank of America. I partially dis agree with his conclusions however I does give you a guide
    I hope this will get you to it
    http://seekingalpha.co...
    Jun 26, 2015. 01:33 PM | 1 Like Like |Link to Comment
  • 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
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