sumosama

More Financial Pitfalls Ahead - S&P

I stubbed my toe this AM...part of the vast right wing conspiracy!! LOL!

Happy Holidays!


On Dec 20 09:17 AM hmcclung wrote:

> My turtle died yesterday....damn George Bush!!!!

Preview from Europe: Rejected Auto Bailout Tanks Markets

On a bit of a different tack, why did only 87 senators vote? Where are the other 13 (i know, Obama and a few others are no longer senators). THAT is the question I want answered. These folks should be run from office.

Chicago Standoff, Redefaults Bode Ill for Bank Shares

how funny is this!!!

www.azcentral.com/news...

Chicago Standoff, Redefaults Bode Ill for Bank Shares

Minor point...The Reverend Jackson is not a politician in the true sense of the word...he has never been elected to anything.


So a bank making a transactional loan decision, one that seems intelligent given the limited facts, warrants the wrath of the state of Ill? That is ridiculous!

Is the mantra now, "Make only good loans, unless they are too our friends or constituents!".

What's a Super-Senior Tranche?

Well done! Bravo!

A Dividend Primer, You Don't Get Something for Nothing

I think you are confusing NAV and mutual funds with regards to dropping the price. Stock prices are determined by the market and nothing more.

Pay Bankers Much Less

WHA? How did he not pay cap gains? (If they were short term gains they would likely be counted as regular income...)


On Dec 02 11:37 AM User 311027 wrote:

> I would argue that we "did" indeed pay the Treasury Secretary a huge
> amount. Since he was foreced to resign his post as CEO of GS for
> a government job he was forced to sell all of his GS stock and not
> have to pay capital gains taxes. So if you figure when he sold his
> stock at or around GS trading at $250 that is a huge windfall he
> received by not paying ANY taxes on those shares. Considering his
> gains were huge since he received most of his pay in stock and was
> at the firm before they went public. Maybe that is why he is working
> so hard. Who needs a $100k a year government job now that he cashed
> out $500mm of tax free money 2 years ago!

U.S. Credit Card Performance Indicators Continue to Weaken

Check out market cap which is the value of all shares...not the price of an individual share.


On Nov 25 11:00 AM James Wilson wrote:

> What a hoot. Citi with international offices in 109 countrys stock
> is at $6+ while Dollar Tree which sell cheap imported junk stock
> is at $40+.
>
> Some values are really out of wack.

Opportunity in the Paulson Backlash

hard to believe anyone could pull anything over on Barney!!!

This does stink to high heaven! I am just not a conspiracy theorist as I don't believe these folks are smart enough or quiet enought to pull one off.

A Dual Strategy to Balance Banking Sector Trade

Not sure you know how to read a balance sheet...you might want to re-read Wells' as well as the deal they are making with WB.

Increased Government Investment in Banks?

I have read the details of the package and I believe Barney is making it up as he goes along. I did not see any restrictions on usage of the money. Specifically, as he was whining about, I did not see any requirement for the money to be immediately lent out.

Further proof that knee jerk reactions makes for bad law.

What to Do with a Dividend Freeze

Do you reinvest dividends? If so, why would you put a GE on the shelf when you would be buying so many more shares at the current price if you do reinvest?

Good article! (Fellow 62'er)

TARP vs. Non-TARP: Investing with Uncle Sam at a 60% Discount

Good article. I need to learn a great deal more about preferreds.

Top 10 Reasons Consumers Choose a Bank

interesting research! Thank you!

Bigger is Not Better in Banking

how exactly would the us govt gain control of C, JPM and BAC???