Will Banks Repaying TARP Take Back Their Toxic Waste Now? [View article]
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.
10 Banks 'Guaranteed' to Survive and Prosper [View article]
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 ?
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.
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.
Will Banks Repaying TARP Take Back Their Toxic Waste Now? [View article]
10 Banks 'Guaranteed' to Survive and Prosper [View article]
Four Banks to Bank on - Barron's [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.