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  • Buffett's Deal With Bank Of America Is Absolutely Terrible...  [View article]
    I own the preferreds. Have for years.
    BAC-H pays 8.58% as of today.
    BAC-L pays 8.57%.
    These can not be beat in my opinion.
    Until the Muslum King is deposed the economy will lose out so go for the dividend.
    Aug 26, 2011. 12:39 PM | Likes Like |Link to Comment
  • 8 Reasons Why Bank Of America Stock Is Poised For A Major Rebound  [View article]
    The government does not become the single provider.
    The banks do. Why? Because once the government offers the 4% rate the banks will have to follow suit or lose the market they have. Better to get 4% than 6% or more when the owners are ready to jump ship.
    Aug 25, 2011. 02:04 PM | Likes Like |Link to Comment
  • How The Fed Could Solve The Housing Crisis  [View article]
    It would definitely of accomplished it in 2008. Now it is
    some what of a lesser stop gap.
    Aug 25, 2011. 01:58 PM | Likes Like |Link to Comment
  • 8 Reasons Why Bank Of America Stock Is Poised For A Major Rebound  [View article]
    He's after the dividend, like I am. BAC-H pays over 9%
    Aug 25, 2011. 01:47 PM | Likes Like |Link to Comment
  • 8 Reasons Why Bank Of America Stock Is Poised For A Major Rebound  [View article]
    It was the job of the president of the U.S. to do
    something not Fredie and Fanny. All Fredie and Fanny do is ask for more money.
    Aug 25, 2011. 01:31 PM | Likes Like |Link to Comment
  • 8 Reasons Why Bank Of America Stock Is Poised For A Major Rebound  [View article]
    I suggested this months ago. Would not of needed a bailout if this was implemented:
    1- Obama sets up ONE federal bank to buy all mortgages and sets the mortgage rate at 4%.
    This eliminates a lot of foreclosures and possible foreclosures because now the monthly mortgage has dropped. That puts more money into the economy which means more people need to be hired which means less unemployment.
    People with housing under water will think twice about getting rid of their homes.
    The banks will not get zero % loans from us citizens. They will have to conform to getting 4% on their loans or the government will refinance them at 4%.
    No brain er but I will answer questions..
    Aug 25, 2011. 12:40 PM | 1 Like Like |Link to Comment
  • 8 Reasons Why Bank Of America Stock Is Poised For A Major Rebound  [View article]
    Sold to Buffet in order to stop rumors is my guess.
    Aug 25, 2011. 12:39 PM | Likes Like |Link to Comment
  • How The Fed Could Solve The Housing Crisis  [View article]
    I suggested this months ago.
    1- Obama sets up ONE federal bank to buy all mortgages and sets the mortgage rate at 4%.
    This eliminates a lot of foreclosures and possible foreclosures because now the monthly mortgage has dropped. That puts more money into the economy which means more people need to be hired which means less unemployment.
    People with housing under water will think twice about getting rid of their homes.
    The banks will not get zero % loans from us citizens. They will have to conform to getting 4% on their loans or the government will refinance them at 4%.
    No brain er but I will answer questions..
    Aug 25, 2011. 12:31 PM | Likes Like |Link to Comment
  • BofA Has More Upside Potential Than Downside Risk  [View article]
    Here is my exact post....
    1- Obama sets up ONE federal bank to buy all mortgages and sets the mortgage rate at 4%.
    This eliminates a lot of foreclosures and possible foreclosures because now the monthly mortgage has dropped. That puts more money into the economy which means more people need to be hired which means less unemployment.
    People with housing under water will think twice about getting rid of their homes.
    The banks will not get zero % loans from us citizens. They will have to conform to getting 4% on their loans or the government will refinance them at 4%.
    No brain er but I will answer questions..
    Aug 25, 2011. 12:29 PM | Likes Like |Link to Comment
  • BofA Has More Upside Potential Than Downside Risk  [View article]
    I suggested this about 9 months ago. Today it is finally ago.
    Government mulls massive mortgage refinancing. To spark the housing market back into life and stimulate the economy, the White House is reportedly considering a proposal to allow millions of homeowners with government-backed mortgages to refinance their loans at today’s lower interest rates of about 4%. The move could save borrowers an estimated $85B a year and it wouldn't need congressional approval. However, it could face opposition from regulators and investors in bonds tied to the mortgages. The report comes as data from RealtyTrac shows that Q2 sales of bank-owned U.S. homes rose 6.5% from Q1.
    Aug 25, 2011. 12:24 PM | Likes Like |Link to Comment
  • Bank of America Default Risk  [View article]
    11:27 AM In an internal memo, Bank of America (BAC +9.4%) calls rumors of a merger with JPMorgan (JPM) "baseless." The bank also tells its crew it has no need to raise capital by issuing additional common stock.
    Aug 24, 2011. 12:53 PM | Likes Like |Link to Comment
  • Fallout From The Fed's Secret $1.2 Trillion Bank Bailout  [View article]
    I heard the economy is so bad that Exxon had to fire 10 congressman!!
    Aug 24, 2011. 12:46 PM | 2 Likes Like |Link to Comment
  • Fallout From The Fed's Secret $1.2 Trillion Bank Bailout  [View article]
    1. Fire the senior management of the banks…

    Pure stupidity.... Management gets their golden parachutes and retires happily ever after. Millions are paid to them in stock and pension and health benefits..
    What you need in the original contract is a clause stating if they screw up they lose all their personnel assets including the chute. That is their savings, house, cash, cars,etc.
    Aug 24, 2011. 12:39 PM | 1 Like Like |Link to Comment
  • 2 Industries Trading On Emotion, Not Fundamentals  [View article]
    What does Obama have to say about this???
    What about Dodd-Frank law?
    This is just bad luck.
    Aug 23, 2011. 12:40 PM | Likes Like |Link to Comment
  • 4 Buy And Hold Forever Dividend Stocks  [View article]
    bobbobwhite

    Funny remark. Everything kills.. Welcome to the human race.
    McDonalds. Smith & Wesson. GE. Starbucks. Dow Chemical. All have bad products that kill.
    If u wanna save your life boycott them. If u wanna make some cash invest in them.
    Aug 23, 2011. 11:59 AM | 3 Likes Like |Link to Comment
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