This is blatant stock manipulation using insider information. Because it's happening at the highest levels of our economy (Fed & Treasury) those involved are literally above the law. Where is the SEC on these issues? Oh, I forgot, they were at their Wall Street sponsored 75th anniversary dinner....
SEC vs. Bank of America: More Toughness Needed [View article]
Agreed 100%. The SEC is still a joke. Their 75th anniversary dinner being sponsored by Fidelity, S&P, DE Shaw.....they have learned nothing over the past 18 months. The SEC should be gutted just like most Wall Street firms.
High Stakes Poker Update: Lehman Poised To Fold; Side Bet on Merrill [View article]
What astonishes me is how the market is holding up. Arguably the biggest cluster F' in our financial system in a century and each day the market finds more creative ways to describe the emperors clothing.
So the preferred holders who would be selling $25 dollar par value shares at $5 are disappointed, but it's a for sure BK if they don't, so isn't it a no brainer??? They have to sell or they get nothing. So question is, what does it mean for common shareholders?
U.S. Credit Card Industry Moving into Uncharted Territory [View article]
V winner is the most ridiculous stock touting boiler room promoter I've seen on these boards. Makes me feel like I'm on the Yahoo boards. Anybody with a clear thought as to what risks a company poses is instantly classified a basher.
Fed Manipulates Stock Prices [View article]
SEC vs. Bank of America: More Toughness Needed [View article]
SEC vs. Bank of America: More Toughness Needed [View article]
Technical View: Market Holds Gains in Volatile Trading [View article]
High Stakes Poker Update: Lehman Poised To Fold; Side Bet on Merrill [View article]
RBC Analyst: 300 Banks Could Fail [Housing Tracker] [View article]
www.bloomberg.com/apps...
So the preferred holders who would be selling $25 dollar par value shares at $5 are disappointed, but it's a for sure BK if they don't, so isn't it a no brainer??? They have to sell or they get nothing. So question is, what does it mean for common shareholders?
Why I'm Committed to the UltraShort Financials ETF [View article]
U.S. Credit Card Industry Moving into Uncharted Territory [View article]