Kostya Tszyu's right hand

Too Big to Bail: Lehman Brothers Is the Model for Fixing the Zombie Banks

Chris Whalen, of Institutional Risk Analytics, said: “What the investment shows is that Bear Stearns looks like good value at this level. Bear Stearns is a sound bank, I’m not worried about their future.

Will Obama Hurt the Profitability of Payday Lenders?

How much tarp and fed monies have the payday lenders received? Perhaps they understand risk?

FDIC Won't Run Out of Money, But WaMu May Be Toast

From The TimesSeptember 11, 2007

British billionaire snaps up 7% holding in Bear Stearns

Chris Whalen, of Institutional Risk Analytics, said: “What the investment shows is that Bear Stearns looks like good value at this level. Bear Stearns is a sound bank, I’m not worried about their future.

Don't Believe the Lies: Ride the Bank Stocks Bull

I enjoy these bullish articles on the financials if only to see the shrieking bears become unglued. This one was a show-stopper.

Don't Believe the Lies: Ride the Bank Stocks Bull

Well stated Jason.
Commercial banking is all about the spread with the underlying assumption that they know how to manage that spread with effective asset/liability management techniques and that the asset quality(loans) is maintained.

Is Countrywide Financial Headed for Bankruptcy?

Sep 12, 2007 -- /prbuzz/ --A British billionaire has acquired a seven per cent stake in troubled bank Bear Stearns.
Joe Lewis, a Tottenham Hotspur shareholder who made his money by trading in global currency markets, paid $860
million (£424 million) for the stake which he has built up over the last two months.
The disclosure has prompted analysts on Wall Street to question whether Mr Lewis has successfully identified the bottom
of the market in the wake of the crisis in the subprime mortgage market, or if he has over-paid.
Chris Whalen, of Institutional Risk Analytics, believes that Mr Lewis has entered the market at the right time and that it is
investment in banks which are trying to cover up the extent of their exposure to the subprime mortgage market crisis that
should be avoided.
"What the investment shows is that Bear Stearns looks like good value at this level. Bear Stearns is a sound bank, I'm
not worried about their future," Mr Whalen told the Times.

I'm staying tuned.

More on the Banking Backdrop: Never Before So Many Loans

I started buying my favorite financials this month and will continue until next year at this time...but then again, I was buying energy after the Enron scandal and everyone thought I was insane. I only wish I was smart enough to buy at the bottom, alas, I am not.

Wells Fargo Downgraded: Oppenheimer's Whitney Goes Too Far

JKirk - adding to your thesis, most employers frown upon their employees filing bankruptcy, receiving wage garnishes, judgements, etc. Not a good career move.
VOR - This MW worship is getting a bit tiresome.

Options Trader: Monday Outlook

I'm more interested if Ms. Whitney believes there were both Confederate and Union wounded being treated side by side, in the Lutheran Church at the Battle of Antietam.

Friday's Rally: Just a Short-Squeeze?

Steve West - I thought you were a fan of Jack Kerouac.

How Cheap Are U.S. Bank Stocks?

Ouch, Veni. Glad you know me but sorry you missed the gains this week, however, there's more to come next week. Best of luck.

How Cheap Are U.S. Bank Stocks?

Commercial banks will make money the old fashioned way - increase spreads and lower the bank burden through technology and economies of scale.
I love the financials @ these prices...however let it be said, I've been wrong before.

Meredith Whitney's Out on a Limb With This Citi Bashing

Mr. Davis, you certainly fired up the troops! I like C also, but I want it cheaper before I enter the shark-invested waters.

Upside to Falling Prices: Housing Affordabilty Index Reaches 4-Year High

Reasonably priced houses...
people living within their means...
people purchasing gas sippers...
oh the humanity.

Boeing Cleared for Takeoff

My biggest concern is that once the Frenchmen build the tankers, they won't let us use them over their air space.