j4thelonghaul's Comments j4thelonghaul's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/159319/comments Homeowners, Banks and the Mortgage Mess http://seekingalpha.com/article/181196/comments?source=feed#comment-839289 839289 Thu, 07 Jan 2010 22:33:21 -0500 Fifth Third Eyes FDIC Deals http://seekingalpha.com/article/163186/comments?source=feed#comment-691523 691523 Fri, 25 Sep 2009 20:12:36 -0400 Congress Needs a Course in Remedial Finance http://seekingalpha.com/article/119734/comments?source=feed#comment-383152 383152 Tue, 10 Feb 2009 20:34:42 -0500 Friday Outlook: Bulls in Charge? http://seekingalpha.com/article/71932/comments?source=feed#comment-148828 148828 Fri, 11 Apr 2008 07:42:52 -0400 Fed too Little, too Late? http://seekingalpha.com/article/68890/comments?source=feed#comment-127925 127925
While this site is dominated by traders who focus on market theme for short time profit, none of you are focusing on the new theme. The new theme is clearly that the government has the power to tax, regulate and force action or face the consequences. The last thing that the Fed and Congress need to do is start making bids on CDOs and other exotic mortgage securities in the marketplace. That will force the hands of some of these greedy investment houses that want a taxpayer bailout to fund their lavish lifestyles!]]>
Mon, 17 Mar 2008 20:28:18 -0400
While this site is dominated by traders who focus on market theme for short time profit, none of you are focusing on the new theme. The new theme is clearly that the government has the power to tax, regulate and force action or face the consequences. The last thing that the Fed and Congress need to do is start making bids on CDOs and other exotic mortgage securities in the marketplace. That will force the hands of some of these greedy investment houses that want a taxpayer bailout to fund their lavish lifestyles!]]>
The Bear Necessities: Law of the Jungle Rules http://seekingalpha.com/article/68617/comments?source=feed#comment-126996 126996
Wall Street certainly had no problem raising billions to pave the way for LBOs and mergers and workers at companies were the main target of the acquirers cuts. So since Wall Street isn't able or isn't willing to save itself and requires the help of the taxpayer there needs to be a new sheriff in town. Wall Street now wants to play with my money - other than what I have invested myself.

First it was insider trading in the 1980s, next it was deception with tech stock offerings and locked up thinly traded shares in the 90s and now this subprime mess. So over 25 or more years the Street's track record hasn't been real good.

I am a believer in America and capitalism and we will get through this mess. But if we all have to suffer for a time to send the message, I am prepared to do that. I don't care about the counterparties (the hedge funds and their wealthy clients). Those guys invested in illiquid instruments as it turns out so they can go to court and fight about why they lost money and who is responsible.

Basically, I expect the other investment banks to step up and figure out a way to attract capital to work through this mess. If they can't do it, then we don't need them.]]>
Sat, 15 Mar 2008 20:34:42 -0400
Wall Street certainly had no problem raising billions to pave the way for LBOs and mergers and workers at companies were the main target of the acquirers cuts. So since Wall Street isn't able or isn't willing to save itself and requires the help of the taxpayer there needs to be a new sheriff in town. Wall Street now wants to play with my money - other than what I have invested myself.

First it was insider trading in the 1980s, next it was deception with tech stock offerings and locked up thinly traded shares in the 90s and now this subprime mess. So over 25 or more years the Street's track record hasn't been real good.

I am a believer in America and capitalism and we will get through this mess. But if we all have to suffer for a time to send the message, I am prepared to do that. I don't care about the counterparties (the hedge funds and their wealthy clients). Those guys invested in illiquid instruments as it turns out so they can go to court and fight about why they lost money and who is responsible.

Basically, I expect the other investment banks to step up and figure out a way to attract capital to work through this mess. If they can't do it, then we don't need them.]]>
The Bear Necessities: Law of the Jungle Rules http://seekingalpha.com/article/68617/comments?source=feed#comment-126905 126905
A new unit should be created immediately similiar to the OCC that oversees the quality of the assets held by the likes of Bear Stearns, Goldman Sachs etc. They should be accountable to Congress given that these Capitalist institutions seem to want a tax payer bailout instead of policing and working with each other to preserve the integrity of our financial system.

I hate regulation but if Goldman and Morgan Stanley and all the others aren't going to work with each other to clean up the collective mess they created, then I the taxpayer want some control for my money.]]>
Sat, 15 Mar 2008 15:07:30 -0400
A new unit should be created immediately similiar to the OCC that oversees the quality of the assets held by the likes of Bear Stearns, Goldman Sachs etc. They should be accountable to Congress given that these Capitalist institutions seem to want a tax payer bailout instead of policing and working with each other to preserve the integrity of our financial system.

I hate regulation but if Goldman and Morgan Stanley and all the others aren't going to work with each other to clean up the collective mess they created, then I the taxpayer want some control for my money.]]>
Inflation's Power: The Dollar in 25 Years http://seekingalpha.com/article/66657/comments?source=feed#comment-121243 121243 Sun, 02 Mar 2008 19:22:22 -0500