Ishortyou

Total Rating:
+4 / -3

402 Comments

    • Tue Sep 30th 13:09 PM | Rating: 0 0
      Commented on:
      Risk Isn't Just About Volatility
      Looks like Wachovia got rid off the prior toxic risky wasted bank subsidiaries and kept the good ones. Now it can start from scratch to build a new banking subsidiary with safe practice together with its remaining good outstanding subsidiaries. The current subsidiaries of Wachovia make it look like "Merrill Lynch without the toxic risky waste", good job from management it separated the good bank from the bad bank overnight, plus its CEO Bob Steel is one of the top rated mutual fund managers. Wachovia will keep the valuable human resources and the talent that have expirience in the banking business saving them for the new banking subsidiary. Buying the municipal bonds or the auction rate securities will give the inflow of cash as long as its hold even to maturity, so the prospects are good.
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    • Tue Sep 30th 10:47 AM | Rating: 0 0
      Commented on:
      It Did Happen! - Cramer's Mad Money (9/29/08)
      Looks like Wachovia can start from scratch to build a new banking subsidiary with safe practice together with its remaining good outstanding subsidiaries. The current subsidiaries of Wachovia make it look like "Merrill Lynch without the toxic risky waste", Wachovia will keep the valuable human resources and the talent that have expirience in the banking business saving them for the new banking subsidiary.
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    • Tue Sep 30th 08:06 AM | Rating: 0 0
      Commented on:
      It Did Happen! - Cramer's Mad Money (9/29/08)
      Now that Wachovia got rid off the prior toxic risky wasted banking subsidiaries it can start from scratch to build a new banking subsidiary without toxic risky wasted lending after the market stabilizes.
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    • Tue Sep 30th 05:57 AM | Rating: 0 0
      Commented on:
      The Plan Has Failed - Cramer's Lightning Round (9/29/08)
      not so fast, looks like Wachovia sold the toxic waste and uncertainties in its banking related subsidiaries and retain the good ones with stockholder preservation, that is an excellent move from Wachovia considering that congress stab the bail out bill. Now Wachovia book value is a lot better than before with practically no debt and good book value.
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    • Tue Sep 30th 05:56 AM | Rating: 0 0
      Commented on:
      It Did Happen! - Cramer's Mad Money (9/29/08)
      not so fast, looks like Wachovia sold the toxic waste and uncertainties in its banking related subsidiaries and retain the good ones with stockholder preservation, that is an excellent move from Wachovia considering that congress stab the bail out bill. Now Wachovia book value is a lot better than before with practically no debt and good book value.
      View article »
    • Mon Sep 29th 17:25 PM | Rating: 0 0
      Commented on:
      What is Hank Paulson Thinking?
      Looks like Wachovia sold the toxic waste and uncertainties in its banking related subsidiaries and retain the good ones with stockholder preservation, that is an excellent move from Wachovia considering that congress stab the bail out bill. Now Wachovia book value is a lot better than before with practically no debt and good book value.
      View article »
    • Mon Sep 29th 17:22 PM | Rating: 0 0
      Commented on:
      Citi Gets a Good Deal; Ken Lewis Overpaid
      Looks like Wachovia sold the toxic waste and uncertainties in its banking related subsidiaries and retain the good ones with stockholder preservation, that is an excellent move from Wachovia considering that congress stab the bail out bill. Now Wachovia book value is a lot better than before with practically no debt and good book value.
      View article »
    • Mon Sep 29th 17:03 PM | Rating: 0 0
      Commented on:
      What Citi Gets Out of the Wachovia Deal
      ha ha....now Wachovia Corp the holding company got rid off the banking related subsidiaries which has all the toxics and debts and retain the best of its subsidiaries with shareholder preservation, thats a good deal for Wachovia considering that congress killed the bail out plan, now all the banking system is going to be hurting while Wachovia will enjoy the show and grow on sound grounds.
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    • Mon Sep 29th 14:47 PM | Rating: 0 0
      Commented on:
      The Lowdown on Citi / Wachovia
      Dont be surprise if the big banks are not to big to fail with the FED breaking the deal.
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    • Mon Sep 29th 14:43 PM | Rating: 0 0
      Commented on:
      The Lowdown on Citi / Wachovia
      Now that the FED broke the deal, it was a very fortunate step from Wachovia to get rid of the JUNKy Bank business and hold on to the good assets smart move indeed.
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    • Mon Sep 29th 14:34 PM | Rating: 0 0
      Commented on:
      The Lowdown on Citi / Wachovia
      Wachovia position is much better now that it was before all the stock sell off was based on panic that they went bankrupt which is not the case, as you can tell by now and shareholders get even to vote, shareholders are not wiped out on this deal, unfortunately for those who sold on panic not likely to recover, for those lucky ones that hold still a good position due to the fact that their book value is similar to that of Merrill Lynch without the toxic waste.
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    • Mon Sep 29th 14:17 PM | Rating: 0 0
      Commented on:
      The Lowdown on Citi / Wachovia
      they Citi buy is all stock buy.
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    • Mon Sep 29th 14:16 PM | Rating: 0 0
      Commented on:
      The Lowdown on Citi / Wachovia
      They key thing is that Steel was able to get rid off the debt from the holding company on the deal now they have a clean and workable book of business he was kinda smart.
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    • Mon Sep 29th 14:10 PM | Rating: 0 0
      Commented on:
      The Lowdown on Citi / Wachovia
      you will also have some Citi shares as part of the deal plus your Wachovia shares which still remain public.
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    • Mon Sep 29th 14:06 PM | Rating: 0 0
      Commented on:
      The Lowdown on Citi / Wachovia
      the rest of subsidiaries at Wachovia Holding make Wachovia like a Merrill Lynch but without the toxic waste, just imaging Merrill Lynch without the toxic waste, that is exactly what is happening so just eyeball your price.
      View article »
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