prescient11

Which Banks Will Survive?

IThinkBig, there we go, some actual discussion.

The $300B, obviously comes from the taxpayer, but it will be in the form of repackaged loans with an FHA guarantee.

Lender cuts the loan principal to 90%, issues a new FHA backed mortgage, and then can sell it in the market. Should be as liquid as a T-bill. Thus, the cash gets directly to where we desperately need it, these lenders' balance sheets. I think it will have a tremendous effect, especially with some of the biggies.

Which Banks Will Survive?

Jonathan swift, again, what a great comeback. How about writing titles like "Which Banks Will Survive?"

Can you not answer the question/point that I raised? If not, then why bother to respond. $300B is on its way. Now, do you have a point?

Which Banks Will Survive?

user 138602 and nyka,

where's the lack of analysis, damnit. sorry user if that offends you.

I made a point regarding the housing bill. Where's your counterpoint?

Thanks so much.

Which Banks Will Survive?

saltaway, respond to my point first. then we can talk.

Which Banks Will Survive?

Does this loser sit up at night thinking of what clever titles he can put out there that will grab attention? You got me, I clicked the link only to see your smug stupid face come up first thing.

Listen up skippy and listen up good, you may think you know what you're talking about, but in reality you fail to realize what's happened. Think for once damnit. Think beyond your limited capacity and the numbers you cherish. Are you stupid enough to really believe that the government is going to want to foot the bill for all the likely failures if what you profess is to take place. Of course they won't. That's why the government just injected $300B of liquidity into the banking system a la the housing bill.

Game, set and match. Go look for the sky to fall, as we're not there yet. But the smugness is really too much.

Metrics, Mortgages and Analysts

The real expert,

Explain what you mean by risk factors and I'll let you know if I agree or disagree. I vehemently disagree about the "massive dilution" you reference, by the way.

Metrics, Mortgages and Analysts

The real expert,

We'll see won't we. I'll remember this come 1Q of '09 and we can see whose call was right.

So rather than listen to your blathering Monday morning quarterbacking about oil, etc. How about you enlighten us as to your calls that will take you to 1Q of '09 and we compare then, shall we?? I believe ETFC will yield a 200% gain by then.

We await your genius.

Metrics, Mortgages and Analysts

Wez, nice retort, as informative as your first.

Metrics, Mortgages and Analysts

Wez, really, how stupid can you be? Do you actually engage in analysis or spout off random thoughts only? Etrade has an extra $1B in cash just sitting around, in case they haven't provisioned enough. That is a HUGE cushion that can absorb any further blows.

Who said Etrade is immune? Stop constructing straw men. Etrade's stock price has been destroyed because everyone assumes they will get hit very hard. So think before the next time you write, for all of us.

Speculator, your analysis is about as good as Wez's. Thanks for your self-promoting non-analysis.