Stewie

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.

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.

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...

These 32 Commercial Banks and Thrifts May See the Dung Hit the Fan

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.