Stewie's Comments Stewie's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/116858/comments Five Midget Banks I'm Watching http://seekingalpha.com/article/157074-five-midget-banks-i-m-watching?source=feed#comment-638910 638910 Thu, 20 Aug 2009 18:37:57 -0400 Murky Objectives of the PPIP http://seekingalpha.com/article/147432-murky-objectives-of-the-ppip?source=feed#comment-577389 577389
What ? That's a pretty big assumption, and not at all a "fact" as you portray it. If you think the pricing services, used by banks to value illiquid assets, are understating their actual bid price in a true open market than you are an idiot. Participation in this program will more likely lead to an acceleration of larger write downs. Your article is comical and extremely naive. ]]>
Tue, 07 Jul 2009 13:43:01 -0400
What ? That's a pretty big assumption, and not at all a "fact" as you portray it. If you think the pricing services, used by banks to value illiquid assets, are understating their actual bid price in a true open market than you are an idiot. Participation in this program will more likely lead to an acceleration of larger write downs. Your article is comical and extremely naive. ]]>
Will Banks Repaying TARP Take Back Their Toxic Waste Now? http://seekingalpha.com/article/145343-will-banks-repaying-tarp-take-back-their-toxic-waste-now?source=feed#comment-562459 562459 Thu, 25 Jun 2009 14:24:08 -0400 How Much of the Banks' Earnings Are Real? http://seekingalpha.com/article/134997-how-much-of-the-banks-earnings-are-real?source=feed#comment-488974 488974 Mon, 04 May 2009 13:30:25 -0400 Stress Tests Reveal Citi, BofA Need More Capital (But We Knew That) http://seekingalpha.com/article/133554-stress-tests-reveal-citi-bofa-need-more-capital-but-we-knew-that?source=feed#comment-480989 480989 Tue, 28 Apr 2009 11:50:10 -0400 Stress Tests Are Not All They're Cracked Up to Be http://seekingalpha.com/article/132374-stress-tests-are-not-all-they-re-cracked-up-to-be?source=feed#comment-473406 473406 Wed, 22 Apr 2009 18:58:12 -0400 Converting TARP's Preferred to Common Stock - Great Idea http://seekingalpha.com/article/131705-converting-tarp-s-preferred-to-common-stock-great-idea?source=feed#comment-471835 471835

On Apr 20 12:35 PM skwestorange wrote:

> I think the author's position is based on the fact that corporate
> executives and managers' compensation includes RSUs, options and
> stock awards (not fixed income instruments). Hence they are bound
> to be more inclined to take care of their own interests.
> SK]]>
Tue, 21 Apr 2009 18:19:18 -0400

On Apr 20 12:35 PM skwestorange wrote:

> I think the author's position is based on the fact that corporate
> executives and managers' compensation includes RSUs, options and
> stock awards (not fixed income instruments). Hence they are bound
> to be more inclined to take care of their own interests.
> SK]]>
Converting TARP's Preferred to Common Stock - Great Idea http://seekingalpha.com/article/131705-converting-tarp-s-preferred-to-common-stock-great-idea?source=feed#comment-469392 469392 Mon, 20 Apr 2009 08:15:51 -0400 Why Zombie Banks Won't Be Nationalized http://seekingalpha.com/article/123534-why-zombie-banks-won-t-be-nationalized?source=feed#comment-409409 409409

On Mar 02 08:52 AM Ranchr wrote:

> Bring back Up-Tick; stop naked shorting of banks; suspend mark-to-market
> and this will all work itself out.]]>
Mon, 02 Mar 2009 11:15:56 -0500

On Mar 02 08:52 AM Ranchr wrote:

> Bring back Up-Tick; stop naked shorting of banks; suspend mark-to-market
> and this will all work itself out.]]>
CitiTARP: Worst Convert Ever http://seekingalpha.com/article/123472-cititarp-worst-convert-ever?source=feed#comment-409401 409401

On Mar 02 09:17 AM User 304810 wrote:

> I think your math is problematic..as you are assuming that the conversion
> does not enlarge the share holding..in actual fact, upon conversion,
> the present shareholdings only constitute a small faction of the
> enlarged base, assuming the conversion of the said pref holders...]]>
Mon, 02 Mar 2009 11:11:33 -0500

On Mar 02 09:17 AM User 304810 wrote:

> I think your math is problematic..as you are assuming that the conversion
> does not enlarge the share holding..in actual fact, upon conversion,
> the present shareholdings only constitute a small faction of the
> enlarged base, assuming the conversion of the said pref holders...]]>
Capital Assistance Program: Convertible Preferred Stock with a Twist http://seekingalpha.com/article/122895-capital-assistance-program-convertible-preferred-stock-with-a-twist?source=feed#comment-404737 404737
The ones who are likely to get burned are common holders who will be diluted into the abyss. ]]>
Thu, 26 Feb 2009 13:12:39 -0500
The ones who are likely to get burned are common holders who will be diluted into the abyss. ]]>
Why Nationalize in 2016? http://seekingalpha.com/article/122677-why-nationalize-in-2016?source=feed#comment-403729 403729
I think it's safe to say, if he is short he didn't bet wrong. ]]>
Wed, 25 Feb 2009 18:44:32 -0500
I think it's safe to say, if he is short he didn't bet wrong. ]]>
Rating Fifth Third Bancorp: A Zombie of a Different Kind http://seekingalpha.com/article/121874-rating-fifth-third-bancorp-a-zombie-of-a-different-kind?source=feed#comment-398442 398442
When the economy improves and the mortgage market stabilizes this bank will still be stuck in neutral with no real plan. If it survives, it will lag its peers for decades. ]]>
Sun, 22 Feb 2009 10:08:05 -0500
When the economy improves and the mortgage market stabilizes this bank will still be stuck in neutral with no real plan. If it survives, it will lag its peers for decades. ]]>
Banking Bears Bolt: Meredith Whitney, Richard Bove Change Jobs http://seekingalpha.com/article/121700-banking-bears-bolt-meredith-whitney-richard-bove-change-jobs?source=feed#comment-396424 396424 Fri, 20 Feb 2009 10:03:30 -0500 Stanford: Criminal Charges Almost Certain http://seekingalpha.com/article/121267-stanford-criminal-charges-almost-certain?source=feed#comment-394285 394285

On Feb 18 02:52 PM infp wrote:

> A crooked billionaire from Texas; when do we hear about his ties
> to the Bush clan?]]>
Wed, 18 Feb 2009 19:20:56 -0500

On Feb 18 02:52 PM infp wrote:

> A crooked billionaire from Texas; when do we hear about his ties
> to the Bush clan?]]>
Stanford: Criminal Charges Almost Certain http://seekingalpha.com/article/121267-stanford-criminal-charges-almost-certain?source=feed#comment-394283 394283 Wed, 18 Feb 2009 19:18:50 -0500 Allen Stanford, Ponzi Operator http://seekingalpha.com/article/121094-allen-stanford-ponzi-operator?source=feed#comment-393104 393104 Wed, 18 Feb 2009 06:17:41 -0500 I Doubt JP Morgan's Taking Realistic Marks on WaMu Purchase http://seekingalpha.com/article/119416-i-doubt-jp-morgan-s-taking-realistic-marks-on-wamu-purchase?source=feed#comment-381660 381660 Mon, 09 Feb 2009 18:23:23 -0500 JPMorgan: When I Say Insolvent, I Really Mean Insolvent http://seekingalpha.com/article/116114-jpmorgan-when-i-say-insolvent-i-really-mean-insolvent?source=feed#comment-364478 364478 Fri, 23 Jan 2009 15:38:45 -0500 Home Prices May Be Nearing Bottom, Bank Equities to Follow? http://seekingalpha.com/article/114639-home-prices-may-be-nearing-bottom-bank-equities-to-follow?source=feed#comment-355788 355788 Wed, 14 Jan 2009 14:14:44 -0500 10 Banks 'Guaranteed' to Survive and Prosper http://seekingalpha.com/article/114263-10-banks-guaranteed-to-survive-and-prosper?source=feed#comment-353231 353231 Mon, 12 Jan 2009 10:08:21 -0500 Four Banks to Bank on - Barron's http://seekingalpha.com/article/114122-four-banks-to-bank-on-barron-s?source=feed#comment-352289 352289 Sun, 11 Jan 2009 10:00:51 -0500 Regulators Signal Confidence in Fifth Third http://seekingalpha.com/article/103843-regulators-signal-confidence-in-fifth-third?source=feed#comment-298081 298081
To equate this as an all clear signal for FITB is just plain stupid. Is FITB on the same path as NCC no, but it is still one of the worst regionals out there. FITB was in a free fall long before the current mortgage crisis, and they will remain a laggard long after other banks start to recover. ]]>
Tue, 04 Nov 2008 11:40:26 -0500
To equate this as an all clear signal for FITB is just plain stupid. Is FITB on the same path as NCC no, but it is still one of the worst regionals out there. FITB was in a free fall long before the current mortgage crisis, and they will remain a laggard long after other banks start to recover. ]]>
News Flash: Major Market Turns Aren't Announced In Advance http://seekingalpha.com/article/86784-news-flash-major-market-turns-aren-t-announced-in-advance?source=feed#comment-213300 213300 Thu, 24 Jul 2008 10:50:44 -0400 News Flash: Major Market Turns Aren't Announced In Advance http://seekingalpha.com/article/86784-news-flash-major-market-turns-aren-t-announced-in-advance?source=feed#comment-213286 213286 Thu, 24 Jul 2008 10:45:20 -0400 Wells Fargo Lays Bear Trap on Wall Street http://seekingalpha.com/article/85720-wells-fargo-lays-bear-trap-on-wall-street?source=feed#comment-208794 208794
You have to be kidding, if you bought BRK.A 10 years ago at 80,000 it would now be worth a whopping 116,000, that flat out sucks. That's 3.75% a year, you would have been better off in a Treasury Bond. You deserve to be slaughtered in this market. ]]>
Fri, 18 Jul 2008 12:50:38 -0400
You have to be kidding, if you bought BRK.A 10 years ago at 80,000 it would now be worth a whopping 116,000, that flat out sucks. That's 3.75% a year, you would have been better off in a Treasury Bond. You deserve to be slaughtered in this market. ]]>
Financials Buying Opportunity Close at Hand http://seekingalpha.com/article/82498-financials-buying-opportunity-close-at-hand?source=feed#comment-192180 192180 Tue, 24 Jun 2008 19:46:10 -0400 Financials - Was There a Bear Tell on Sector Weight? http://seekingalpha.com/article/82508-financials-was-there-a-bear-tell-on-sector-weight?source=feed#comment-192178 192178 Tue, 24 Jun 2008 19:42:08 -0400 Financials Buying Opportunity Close at Hand http://seekingalpha.com/article/82498-financials-buying-opportunity-close-at-hand?source=feed#comment-191793 191793 Tue, 24 Jun 2008 11:25:57 -0400 'The Time to Buy Financials' Is Still Not Now http://seekingalpha.com/article/82141-the-time-to-buy-financials-is-still-not-now?source=feed#comment-190442 190442 Sun, 22 Jun 2008 18:37:40 -0400