Stewie

Five Midget Banks I'm Watching

Come on, look at this guy's BIO. He is a career salesman, he is doing the best he can. This article is terrible and a complete waste of time.

Murky Objectives of the PPIP

"Their stock price will get a bump from the fact that the legacy securities are sold for more than their marked at or worth."

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?

That's brilliant Ed, a year ago when Fifth Third purchased the assets of a distressed of a Florida bank you penned an article how the Fed approval was in essence an all clear signal for FITB. ( I don't think we need to go into what has happened to FITB's stock price since your ridiculous assumption) Now you claim those very same regulators are engaged in a fraudulent scheme to hide under performing assets and staged a rigged stress test. So I guess in your opinion the Fed has gone through a deep metamorphosis in a short year, or could it just be you are clueless, which I expect is the real case. Talk about toxic waste.

How Much of the Banks' Earnings Are Real?

You forgot changing liabilities to assets through the new minority interest rules. (Fifth Third)

Stress Tests Reveal Citi, BofA Need More Capital (But We Knew That)

Ummmmmmmm................ told us all FITB was in sound financial shape a few months ago. Pardon me if I file anything your naive a-- posts in the garbage.

Converting TARP's Preferred to Common Stock - Great Idea

Yeah that would be a valid point except managers bonuses are rarely based on profit but instead usually tied to revenue growth. This of course doesn't always mean more profitability. It also the same formula used in many Executive compensation packages.


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

"Managers maximize the value of common stock. " Are you stupid or something ?

Why Zombie Banks Won't Be Nationalized

Yeah either that or you could just take your loses like a man and move on. Get a clue, how in the world is suspending mark to market a good idea.


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.

Why Nationalize in 2016?

"Everyone bets in the market and you bet wrong."

I think it's safe to say, if he is short he didn't bet wrong.

Home Prices May Be Nearing Bottom, Bank Equities to Follow?

Geez look at the retail numbers............A commercial real estate meltdown is just starting, most commercial banks have a huge exposure. This guy is kidding himself.

10 Banks 'Guaranteed' to Survive and Prosper

I just don't get it at all, FITB has been tanking since 2002, long before the current mortgage/credit markets began their nosedive. What on earth would make you think they will bounce back and prosper when they clearly have both a flawed business model and a foot print from hell ? Did you do any research at all ? Did you just throw names in a hat ? FITB had already borrowed more than 4 billion in the last two years prior to the TARP money. It didn't do anything for them, why would a government loan suddenly overcome bad management ?

Four Banks to Bank on - Barron's

Why would anyone who had an interest in the regional sector go anywhere near Comerica or Fifth Third. Both these banks struggle to grow organically and both have a huge exposure to Michigan.

The 20 Highest of the High-Yield Dividend Aristocrats

Just how is FITB cutting their dividend good timing on your part, especially considering you baghold their largest shareholder (CINF).

"Most investors are told to buy when everyone else is selling." Thanks but I prefer to buy when everyone is buying.

Goldman Sachs Raids the Cookie Jar

That's a good point, but since the $380 million is on deposit isn't FITB still presently booking that as net capital and wouldn't it plus additional funds disappear if they lost the tax case.

Was FITB trying to force a negotiation by taking a single transaction to jury trial, it that was their plan it didn't work out very well.

Thanks for responding.

Goldman Sachs Raids the Cookie Jar

FITB does have the same issues:Although this isn't as large as KEY's loss it is only one of what could be large numbers of lease backs they hold. Also remember KEY will likely appeal that decision so their capital may not be affected for several months. In my opinion KEY used the court decision as a single event excuse to try and cover-up multiple problems. Below is a link to the FITB Federal Court decision.

www.usdoj.gov/opa/pr/2...