Alex S. Gabor

Is Bank of America Poised for a Major Move Up?

"Short a billion shares of BAC a day till it trades at a penny, then bend over and cover your assets", so sayeth "The Penny King".....

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Another Big Bank Failure: More Likely Than Not to Occur

Boy you sure know how to stir up the haters and losers of this world!

Bank of America and JP Morgan will be forced into a shotgun wedding in 2009 according to "The Penny King"

www.associatedcontent....

Goldman is likely to make a few fees from selling worthless mortgage backed securities to the Fed as one of 4 knights of the Money Kings!

There are about 17 good articles linked below that will confirm your side of the coin as it falls to the floor...tails I win...heads the government loses:

www.associatedcontent....

JPMorgan Chase: Poisoned by Bear's 5,000 Counterparties

With short term treasury yields running at zero currently as of the last auction, it will not be long till you see mortgage rates fall to zero...then the tax laws will need to be changed and only then will a recovery be at all effective, the following article might help you to realize the folly of the markets:

www.associatedcontent....

Here is an article on Zero Interest Rate Policy:

www.associatedcontent....

Bank of America Countrywide Acquisition Announcement Call Transcript

If there is another run on Countrywide in SoCal this deal will be completely moot and it will take you more than a year to get your money out!