dixie

Total Rating:
+7 / -9

42 Comments

    • Sun Nov 16th 20:56 PM | Rating: +2 -4
      Commented on:
      The Autos and Mentality That Ruined Detroit
      GM is a great community citizen sponsoring many cultural and charitable causes in SE Michigan.

      The Asian transplants don't give back. They take American dollars and send them to their overseas owners.
      View article »
    • Sat Nov 15th 11:00 AM | Rating: 0 0
      Commented on:
      Iceland: What It's Like to Live in a World Without Money
      Not much fundamental difference between Iceland and the United States. Only one of degrees of magnitude.

      It is equally wrong for the clowns in Congress and the White House to gamble with our nation's $700 billion and more of savings, especially when they are clueless as to how to rectify the financial problems.
      View article »
    • Sat Nov 8th 20:34 PM | Rating: +2 -2
      Commented on:
      General Motors: Beginning the Endgame?
      Ironic, isn't it? The Dems will very soon have to confront high labor expense, associated legacy costs, and their own CAFE standards if the American auto industry is to be saved.
      The only alternative is a continuous transfusion from the U.S. Treasury.

      Note to Pelosi and Reid: What goes around, comes around.
      View article »
    • Thu Nov 6th 16:51 PM | Rating: +2 -3
      Commented on:
      Worst Two-Day Decline Since the '87 Crash
      What do you expect with Pelosi, Reid, and Obama waiting to take center stage?

      The market is headed for the exit with increasing velocity. Problem will soon be solved, i.e. nothing left for these actors to tax or spend.
      View article »
    • Mon Nov 3rd 10:46 AM | Rating: +1 0
      Commented on:
      JPMorgan Meets WaMu Homeowners, Face to Face
      Now, if only JPM and Dimon and the FDIC and Bair would do right to WM shareholders, then we could say, "case closed."

      The truth is, WM shareholders were not consulted nor approved of their, "gift" to JPM as you correctly state it.

      Shall we hold our breath?
      View article »
    • Thu Oct 23rd 16:32 PM | Rating: 0 0
      Commented on:
      JANA Partners Shows New Stakes in Century Aluminum and Thinkorswim, Boosts AK Steel Stake
      Wonder what these positions resemble today?
      View article »
    • Thu Oct 16th 09:56 AM | Rating: 0 0
      Commented on:
      This Recession Will Be Anything but Deep
      Thank you for reminding everyone that the sky is not falling despite what an omnipresent sensationalized media would have us believe.

      Living in the age of instant information, we are able to witness every important event. Modern day Americans have come to expect events and history in fast motion. We no longer know or accept patience.

      In a few months we will have a new administration and the spend spigot will continue wide open. A year from now we will be dealing not with recession but a different subject, inflation. By then the media will need a new event to shove in our face.
      View article »
    • Wed Oct 15th 20:50 PM | Rating: 0 0
      Commented on:
      Bank Safety: The Hidden America That's Not in Crisis
      Realistic article. There are many steady, well-funded banks on Main Street whose stock valuations were thrown out with the big banks dirty bath water.

      It is only fitting that these valuations be the first to recover.
      View article »
    • Wed Oct 15th 10:04 AM | Rating: 0 0
      Commented on:
      Is JPMorgan Hiding Losses?
      The Treasury knew the true situation at JPM. The FEDS wanted to preserve it. That's why they conspired with the FDIC to seize WM and "gift it" to JPM.

      In an effort to save the banking herd, the FDIC tossed a wweaker member to the starving beast.
      View article »
    • Tue Oct 14th 17:31 PM | Rating: 0 0
      Commented on:
      Earnings Preview: J.P. Morgan
      Correction. JPM didn't really purchase Washington Mutual. Its assets were seized by the FDIC and the bank was essentially gifted to JPM for a pittance.

      It is nice to know that Bernstein believes this "acquisition"... (theft?) will significantly enhance JPM's earnings. Apparently, WM was a pot of gold.

      FDIC and Treasury are you listening? WM's shareholders are waiting for compensation.
      View article »
    • Tue Oct 14th 09:12 AM | Rating: 0 0
      Commented on:
      Preview of the Bank Buy-In
      Now would be a good time to give Washington Mutual shareholders there just due.

      The FDIC literally gave WM to JPM for peanuts and now taxpayers will loan even more to JPM. What a deal!
      View article »
    • Wed Oct 8th 20:38 PM | Rating: 0 0
      Commented on:
      WaMu Still Broke
      The FDIC wanted to freighten Congress two weeks ago to quickly approve the $700 billion bail out for big banks, like JPM.

      JPM needed a capital infusion. So voila, seize WM on Thursday night at gunpoint, and give the loot to JPM, thus creating a win-win for the FDIC and JPM. Tough luck to the shareholders. After all this is the New World Order.

      Where were the "competitive bids" that the Office of Thrift Supervision refers to? Who were these other bidders?
      View article »
    • Tue Oct 7th 23:37 PM | Rating: 0 0
      Commented on:
      Did JPMorgan Almost Fail?
      JPM Chase was the high bidder for WM according to the initial news release from the Office of Thrift Supervision. They said the FDIC handled the bidding process.

      Just who were the "other bidders" (if any)?
      How was the bidding process conducted?
      How much time elapsed? 5 minutes? 5 hours? a day?

      This FDIC arranged wedding sounds fishy. Once JPM had WM's trousseau, the bride was tossed overboard. Take the gold and run!
      View article »
    • Sun Oct 5th 23:27 PM | Rating: 0 0
      Commented on:
      Wachovia Sale to Wells Fargo Is a Better Deal for the U.S. Banking System
      The FDIC continues its unethical practice of arranging shotgun weddings.

      Who is the next couple????
      View article »
    • Sun Oct 5th 23:22 PM | Rating: 0 0
      Commented on:
      Wachovia Dumps Citigroup, Merges with Wells Fargo
      It is obvious that the FDIC is attempting to shore up the balance sheets of the giant subprime specialty banks even if it means robbing from Peter (Wachovia and Washington Mutual) to pay Paul (JPM Chase and Citibank).

      Appears $700 billion supplied by the taxpayers is not enough.
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»