Osterix

Why Dick Bove Is Wrong About Citigroup

Go to this cartoon which is based on observations by Carl Icahn. It confirms what you said.

theuniverseas.com/dumb...

On Dec 18 09:01 PM splintar wrote:

> Honestly, I can lose money and make some bad investments and add
> to writedowns and I'd be happy with $500,000.
>
> You make way too much of what you think these guys contribute.<br/>
>
> Earth to Jason, it just isn't that hard buddy. It blows when someone
> disrobes the emperors and we see that they really all have dicks
> smaller than us.
>
> Pedigree doesn't mean squat.

Why Dick Bove Is Wrong About Citigroup

In support of your thesis, which I agree with, I submit this classic cartoon which I bookmarked because it was so informational.
theuniverseas.com/dumb...


On Dec 18 07:41 PM Fairness wrote:

> <" In this scenario we surely would have witnessed a mass exodus
> of executives away from Citi. ">
>
> Now that is just plain stupid!!!
> Where exactly do you believe that mass of executives would go? Yes,
> that very same mass I'm talking about, the executives who brought
> Citi to the current bankrupt status. Exactly. Nowhere. Not anytime
> soon. Who'd want them anyway, after having destroyed the mighty Citibank?
> That anyone would still want them is just an aberration invented
> by the very same executives who were robbing investors silly until
> now. They just found a stupid columnist to believe that BS.
> Brain wash is alive and kicking dear...

Wall Street Breakfast: Must-Know News

I voted for term limits in Florida. I am a political junkie so I studied the arguments very carefully and was convinced by the pro arguments. Over the years I came to realize it was one of the worst, most ignorant decisions I ever made. All of the negatives you mentioned are 100% true. There are more. You just cited the most glaring. My wakeup call came when I became a member of a condominium board. It took me six months to understand the mechanics of its operation. It must take a legislator two or three years to master the parliamentary rules of his body. With term limits he is on the way out just when he has figured out the job. Loss of institutional knowledge is also a major negative since a newly elected person has none and can't ask for advice and opinions from peers who have many more years experience than he has. There is no upside to term limits based on my experience.

On Dec 16 02:40 PM bbowen7 wrote:

> Old Trader: Your comment makes an excellent endorsement of term limits!
> If those on the Hill were not so concerned with worrying about being
> reelected, they just might "grow a pair".
>
> Having studied term limits out here in California, I can clearly
> say that you need to look out for "unintended consequences". Newly-elected
> legislators immediately start looking for their next job; there is
> no institutional memory; and termed out politicians who cannot find
> another elected position become lobbyists. Each voter has the capability
> to institute term limits - Pogo was right, the voters are the problem.

Is Dubai's Default a Black Swan Event?

Your comment got nine negatives and two positives. Apparently you will have a hard time selling the concept of sustainability. I did not vote to avoid skewing the results but I am in favor of sustainablility analysis for everything.


On Nov 27 09:43 AM Terry Mock wrote:

> Will Civilization Get It Right, This Time?
> July 2009 - www.sldi.org/newServic...
>
> Yann Arthus-Bertrand, the French photographer who pioneered modern
> aerial photography, recently released his latest project called HOME,
> which captures the beauty of our planet in an awesome film stressing
> the general unsustainability of current land development practices
> all over the earth...
>
> Sustainable Civilization Links
>
> Attenborough Explains Easter Island
>
> More mysteries of Easter Island - BBC
>
> Dubai: The Amazing Development of Dubai
>
> UAE - Dubai: The Desert Kingdom
>
> World's Tallest Building
>
> ...In this revolutionary first act, the film HOME makes the point
> about the need for sustainable land development best practices by
> comparing the failed historical example of Easter Island to modern
> day monument-raising practices around the world, culminating in the
> tallest building in the world in Dubai. The point is that history
> shows us that civilization has reached its current lofty perch before,
> only to collapse because of fundamental flaws in our understanding
> of the true relationship between humans and nature.
>
> This unprecedented technological ability to transfer knowledge around
> the world now sets the stage for a quantum leap in global consciousness
> that will hopefully allow our civilization to avoid repeating the
> mistakes of the past while moving forward towards a sustainable future.
>
>
> Your participation and comments are welcome.
>
> Terry Mock
> Executive Director
> Sustainable Land Development International
> www.SLDI.org
>
> Promoting worldwide land development that balances the needs of people,
> planet &amp; profit - for today and future generations.

Are Financial Stocks Preparing for 'The Fall'?

The popups that your computer has viruses, etc. are spyware. If you have anti-spyware then one or more spyware infections have gotten past your security. I have ant-spyware but one got in two weeks ago and I still have not been able to get it removed by my security company. It is sophisticated enough that I need to use a higher level service that I have to pay for. There is also anti-popup softfware. Even if you have it there is the question of how good it is and how sophisticated the popups are.

On Aug 19 04:35 PM Cabdriver wrote:

> Its disconcerting that I had to reload/start over this page 3+ times
> because of advertising/popup/lies about the state of my machine.
> I just signed up yesterday, was refered to this article by updown.com,
> &amp; some advertiser has to play games with me. I hope this doesn't
> continue lest I resign just as quick.
>
> Back to the article, interesting, but not one mention of the "Big"
> players; the Fed &amp; that Prince [Aliweed I think, at$4 if memory
> serves, is still abuck below what he bought at the last time we went
> through this with the banking sector aka S&amp;L "crisis"]. As a
> relative newbie to the market, I'll consider all the info provided
> in addition to the history. As for "cheerleaders", well those of
> us that are "retired" understand the motivations of fellow retirees,
> like the other banks [I'm looking at you PNC] there was a big opportunity
> to profit when "others were losing their heads", I welcome any time
> I can double my money either by folding it in half or siding with
> the Fed for a short term. Is "C" another, I'm too conservative &amp;
> I don't think anyone has a handle yet on what the short term fixes
> will "yeild", though I am very curious how folks intend to "repair"
> Citi 1st before I'll focus on the charts/price/ect. If anyone has
> more info on the overhaul, I hope they bring it out into the open.

Freedom of Information Act Disclosure Busts Paulson, Geithner, Bair

You should at least give Cicero credit.


On May 14 07:45 AM User 54476 wrote:

> O di immortales! Ubinam gentium sumus! Quam rem publicam habemus?
> in qua urbe vivimus? Hic, hic sunt in nostro numero, patres conscripti,
> in hoc orbis terrae sanctissimo gravissimoque consilio, qui de nostro
> omnium interitu, qui de hujus urbis atque adeo de orbis terrarum
> exitio cogitent.