"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.
These 32 Commercial Banks and Thrifts May See the Dung Hit the Fan [View article]
Nice work..............I have to love the fools who bought financials already. Did you clowns not look at the dismal economic forecasts for 2009-2010. This thing is far from over, and probably will end is a flurry of takeovers at or around net tangible.
Hey fools maybe you should quit taking advice from fund managers on CNBC, when is the last time one of those toadies had a negative opinion of the market.
Five Midget Banks I'm Watching [View article]
Murky Objectives of the PPIP [View article]
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.
S&P 1500 Regional Banks Index Down 33% YTD [View article]
These 32 Commercial Banks and Thrifts May See the Dung Hit the Fan [View article]
Hey fools maybe you should quit taking advice from fund managers on CNBC, when is the last time one of those toadies had a negative opinion of the market.