Stewie

How Much of the Banks' Earnings Are Real?

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

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 ?

Financials Buying Opportunity Close at Hand

"Dentists should focus on drilling teeth, and pool their surplus cash with "experts" who focus on finance." Please if you believe Commercial Bankers are financial experts you deserve to lose your money. Give us a break.

Financials Buying Opportunity Close at Hand

You are falling into the same trap a lot of others have. That is lumping Investment Banks and Commercial Banks into the same category. IB's will come back to profitability much faster than traditional banks and may be worth looking at in the forth quarter. Commercial banks will continue to worsen through 09 and into 2010. We are not even close on those yet. Good ideas though.