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Get Ready to Short the Banks

This bonus payout is an absolutely criminal act - and these bankers should be looking at jail time instead of new Maseratis.

Having been short anticipating all of the things you cite above, I have had my arse handed to me. You are fighting the fed who will do whatever it must, anything, to preserve the pretense of stability in the banking system. No matter how Orwellian it may seem, the big banks, will not fail, unless the entire system fails. Period.

Banking Industry: How to Buy Friends and Alienate People

This is the kind of stupid move that gets industries regulated out of existence or should be, were it not for their political arm, the Democrat party, being well funded.

Not another dime for them until they pay off their $1T my kids now have to pay on their behalf.

Eight Reasons Bank of America Is Going to $20

It could also go to $20 on a 3:1 reverse split. LOL

The Pfizer-Wyeth Deal: Experimenting with Taxpayer Dollars?

Wouldn't short Wyeth be a better idea if the deal falls apart?

Subprime: Not All Bad News About Smaller Banks [Housing Tracker]

For those interested in the regional banks perspective the CEO of BB&T Bank Allison, has an open letter to politicians on the bailout, the impact on regionals and a multipoint strategy for remediating the problem. Google Allison CEO Bailout BB&T and you'll find it. A good read.

It's Time For a U.S. Sovereign Investment Fund

I've got a $20. That would buy 3% of FNM at current value, right?

Banks on the Verge of a Nervous Breakdown

LOL! Fantastic - love the no crappy bank left behind program - well put or more correctly, well shorted...

BofA, Lehman, AIG: The New Financial Realities

Between the regionals MBS AND their FNM FRE holdings...that's a good possibility...

Banks Scramble to Refinance Their Long-Term Debt

And I thought it would be WAMU that goes under, looks like its AIG.

Financials Future Still Uncertain

top may be in today on the IYF and IYF (and UYG at $24.76). Looks like the financials may be turning since their up move seems a bit exhausted...

Three Stocks To Be Held To Infinity and Beyond

Can't argue with Penny - BAC will pull back into the low 20s to buy again. P&G, JNJ, no doubt good long term holds. GE? I remember people talking about Lucent this way when it was at 70. I'd hate to have committed capital to these companies a year ago though. So I'd still keep my stops in on them.

There seems to be so much firm specific risk, that unless you catch the right ones in the right decade, you're better off in a sector or broad ETF. i.e. IWM and RSP.

Dividend Yields Soar

truthininvesting, now that's a portfolio for the long haul. Good choices. Add in MCD and a booze/beverage (RIP BUD) stock and you can sleep beautifully.

Writedowns and Capital Raised by Financial Firms

I might agree with squash...It could also mean that the firms on the right side of your graph haven't been as forthcoming with their writedowns as others and may just be the other shoe that drops late in the year.

Subprime Not Over For Banks [Housing Tracker

Many of these banks have standby facilities with their clients who have the VRDOs outstanding. What will happen to the banks balance sheets when their clients start to use the facilities to "guaranty" their VRDOs to stabilize their rates?

Oppenheimer's Whitney Dines with BofA’s Chief; Rates Stock a "Perform"

Whitney's calls have been spot on. And there's probably more to come. Obviously this was damage control by BAC.

It should also be noted that marriage to a professional wrestler (and a former writer of some pretty good articles at thestreet.com) does not discount one from being a prescient analyst.

I'd much prefer her calls to come from analysis and not from dinner-conversation. It does unfortunately make one wonders what her calls might have been had other CEOs picked up the tab, maybe Bear would still be on life support. :-)