Another Big Bank Failure: More Likely Than Not to Occur [View article]
I understand that Buffett has three "buckets" when he looks at making an investment. Yes, No and too complex.
I have done reasonably well in both shorting and then going long with WFC now and again. I think that the government overlay here makes these investments "too complex" at least for me.
There are a lot of people that believe as this writer does that the banks are still hiding lots of I think "garbage" would be the polite term on their balance sheets. So the risk of another large failure cannot be written off. However, I think that letting Lehman fail and the aftermath of that convinced a lot of government and policy types that the alternative of letting a big financial institution fail is just too scary right now. Crap they rescued GMAC..when not many people were looking. I do not see them letting another large one go anytime soon.
I really wish I could think of something truly funny in a black humor sort of way...like many of the fine posts here and other places on Seeking Alpha. But, all I can see is the Bush administration going out in a blaze of insanity here. Paulson and Bernake seem to have taken over the government as the Congress and the people sit there with our eyes and mouths open (drooling) not quite forming a word...(whaaaaat!)
You have to "love" the "thinking" of User250718 here.
I am thinking he must work on Wall Street...(evil smile). We can take paper and make money then use that paper to make more "money" and then it will all be good.
This is the type of thinking that got us all here in the first place. "MoneyforNothing" and the debt payments for free...isn't that how that song goes?
It is sure "financial innovation" at its finest.
How about we nationalism them and break them up. While Greenspan is for sure going to get rich on that deal along with Bill Gross it seems to be to be the way to go. Get small....
In the Wake of Bear: I-Bank Regulation Now in Fed's Hands [View article]
This is a well reasoned argument. I am but a very small business person from...well... But, it seems to me that if the Fed is going to go racing around with what in essence is taxpayer money to provide "emergency" equity funding to an investment bank then Wall Street will have to accept that regulations that come with the "help." I am thinking the argument about "game over" for Hedge Funds is correct.
Another Big Bank Failure: More Likely Than Not to Occur [View article]
I have done reasonably well in both shorting and then going long with WFC now and again. I think that the government overlay here makes these investments "too complex" at least for me.
There are a lot of people that believe as this writer does that the banks are still hiding lots of I think "garbage" would be the polite term on their balance sheets. So the risk of another large failure cannot be written off. However, I think that letting Lehman fail and the aftermath of that convinced a lot of government and policy types that the alternative of letting a big financial institution fail is just too scary right now. Crap they rescued GMAC..when not many people were looking. I do not see them letting another large one go anytime soon.
SEC Bans Shorting Financials [View article]
Bond Expert: Monday Wrap [View article]
I am thinking he must work on Wall Street...(evil smile). We can take paper and make money then use that paper to make more "money" and then it will all be good.
This is the type of thinking that got us all here in the first place. "MoneyforNothing" and the debt payments for free...isn't that how that song goes?
It is sure "financial innovation" at its finest.
How about we nationalism them and break them up. While Greenspan is for sure going to get rich on that deal along with Bill Gross it seems to be to be the way to go. Get small....
In the Wake of Bear: I-Bank Regulation Now in Fed's Hands [View article]