The Three Riskiest Banks - American Banker [View article]
Paul, you are much too "sensational". Please prove your statement, "most US banks are at or close to insolvency."
Perhaps that is true for the largest ten banks, but aren't you aware that there are many thousands of smaller banks in this country that do not fit this categorization?
Barron's Goes Bullish on Banks, Again [View article]
There are many small regional and community banks that are trading at a fraction of book. Some have taken small losses and others have had their earnings trimmed. However, as the economy begins to stabilize in 2009 and the growth in NPA's fades, earnings will again accrue. These "main street banks" understand the local commercial customer better than their "wall street" counterparts. Stock valuations in this sector may well increase 50% to 100% within the next 2 years. Discover the babies that have been tossed out with the proverbial bath water.
The Three Riskiest Banks - American Banker [View article]
Perhaps that is true for the largest ten banks, but aren't you aware that there are many thousands of smaller banks in this country that do not fit this categorization?
Preview of the Bank Buy-In [View article]
The FDIC literally gave WM to JPM for peanuts and now taxpayers will loan even more to JPM. What a deal!
Barron's Goes Bullish on Banks, Again [View article]
However, as the economy begins to stabilize in 2009 and the growth in NPA's fades, earnings will again accrue. These "main street banks" understand the local commercial customer better than their "wall street" counterparts.
Stock valuations in this sector may well increase 50% to 100% within the next 2 years. Discover the babies that have been tossed out with the proverbial bath water.