Chemist29

Japan Provides Proof That Bank Bailouts Work

Last I checked TARP was started under bush. but attribute everything to obama....

Why This Rally Is Unsustainable

awww shorty got burned...

Betting on the Big Banks

bought merrill for pennies on the dollar? are you nuts? the whole argument is that they OVERPAID, and I dont see anyone else stepping in to buy merrill or countrywide...Great example of revisionist history. besides, they hardly concealed the fact they sold 1.6 billion from CCB.

Expecting the 'Better than Expected' from GE, Google and JPMorgan

haha, die shorties!

Sorkin's Questions to Bank CEOs, Answered

13-Nov-08 PANDIT VIKRAM S
Officer 850,000 Direct Purchase at $8.92 - $15.15 per share.

Home Prices May Be Nearing Bottom, Bank Equities to Follow?

omg an optimist! stop publishing! doom and gloom! 50% more to go from drop! Anyways, I hope you are right, but I might pick up a little BBT if this downturn keeps up, valuation is too compelling

Merrill's Moves Make It More Appealing Takeover Candidate

I remember Ken Lewis (ceo of BAC) making a sneering comment something to the effect of "we wont use our petty cash to buy an investment bank"

Time To Buy Banks? Proceed With Caution.

Maybe this represents climbing out of the bottom, maybe not. Who knows if we'll test these lows again but it honestly doesn't matter, next time it dips, buy. it's really that simple, enjoy the rally for now!

Time To Buy Banks? Proceed With Caution.

Not to point out the obvious or anything, but you buy things when they are lower, not when they are higher, so you get more shares for the same cost. Example, the news was TERRIBLE tuesday morning, USB is still earning its dividend, so I bought, at 22.1 and locked ina 7.7% yield. Now i'm up 30% on principle also. Obviously not all my picks have done that but you buy on weakness, when things are low. When the good goes down with the bad, thats when to buy. By the time everyone starts feeling good and cnbc says buy banks, theyll already be up 30%.

JP Morgan Offer for Wachovia Makes Sense

Why 24$? why would Wachovia shareholders accept anything, if book value after 30 billion in writedowns is still 36, why would the shareholders accept 2/3rds of book value. This isn't BSC, wachovia wont collapse and doesn't need a buyer.

Financial Stocks to Buy When the Market Reverses

I agree with DSX. Plus, Bank of America hasn't eaten very much in losses relative to its size, it's still chugging away making making profits...yes profits, and paying out a fat dividend (thats safe), along with WB and C, which hopefully wont cut its dividend...eh (i'm long WB, C, and BAC)