AT&T is the only pure American phone company around anymore. Verizon is 40% British. T-Mobile is 100% German. Sprint is turning over its network to foreign operation in some kind of lease. With their debt already rated junk its not surprising. AT&T is my telecom investment of choice. I'm a Mac user & have an Ipod. I love Apple stuff but I don't believe in Contract phone service. I have a Tracfone. Now that the woman from the "industry" tells me I'm using a Verizon reseller I'll drop them next year. Bell Atlantic is such a classier name than Verizon. But anyway its been a good long read including the fellow who started it all. AT&T & Apple are in my portfolio and I'm happy with their marriage. The Feds might be coming trying to reduce phone companies to commodity enterprises to please idiots. Hopefully President Obama will display some wisdom that this type of thinking will DOWNGRADE America.
Is the Deal Between Apple and AT&T Anti-Competitive? [View article]
T-Mobile is a German company. Verizon Wireless is a joint venture between Verizon, ( Bell Atlantic , Nynex, GTE, MCI is Verizon ), and a British Phone company that serves around the world. Only AT&T is a complete American company. It fits with Apple.
Is the Winner Pfizer, Merck or Roche? [View article]
President Obama is the cure for the broken insurance and health care delivery industries. Pfizer will welcome the changes which is why Kindler backed Hillary Clinton in the first place as President.
You are getting real old with your attacks on Citigroup. Pick another bank to Dr Doom. Maybe HSBC. Both of you should go abroad and attack Citi where you can do more damage and leave this auduence some peace from your daily doom.
Isn't it true the FDIC doesn't insure overseas deposits. The majority of Citigroup's deposits are outside the United States are they not ? If so, How can the FDIC nationalize or close C ? Tearing up Washington Mutual is one thing, tearing up Citigroup wouldn't seem warranted because of their global footprint. Sounds like a lawsuit if the FDIC tries. You seem well versed on Citigroup, usually with negative blogs. C has an American charter but if they meet FDIC requirements for insured deposits it seems like they should go on.
J.P. Morgan (JPM) used to be the bank with the AAA rating who served corporate America's banking needs. Chase Manhatten (CMB) was the older, commercial bank. The merger created a world class bank. J.P Morgan Chase is now a world wide bank. Stronger by its roots than it's only rival, Citigroup. Second guesing them is useless, they are the pinnacle.
WaMu will raise no more capital selling common or preferred shares. TPG has a clause requiring some horrific payment if their shares are diluted by WaMu. I can't remember the details but the author, a former insurance agent and accountant should have known this. His analysis of WaMu selling more shares is very suspect.
Four Reasons Why Gold's a Slam Dunk Investment [View article]
Gold , physical or paper are considered collectibles by the IRS. Capital gains will be taxed at 28% instead of stocks 15% rate. Outside of a tax advantaged account precious metals tax rates are a turn off. Unless of course you feel another monumental leg up in prices is coming.
I love my Chevy Tahoe & Silverado. Millions have over the years. General Motors gave its customers what they wanted. I wouldn't own a foreign car, much less a Pickup or SUV. To be honest, I always seem to own GM. President Obama will give whatever rebate required to sell the Volt and more than Likely it will sell better than GM's 1st electric car from so long ago. McCain says constantly " My Friends " well he's not my friend, just a Keating 5 crook who's been in Washington so long he's wearing diapers ( depends ).
Annals of Deckchair Reorganization, Citigroup Asia Edition [View article]
I'd like an article on Citi selling its mature German retail banking and expanding its operations in Brazil. "Citi never sleeps" and still is in Germany though some made it seem they had sold out.
Annals of Deckchair Reorganization, Citigroup Asia Edition [View article]
Citigroup needs to remain the only American global bank....Period The Broker Banks are just that, really brokers. J.P Morgan Chase is close to a true global bank. Bank of America & Wells Fargo and all the other banks are American national banks , often listed as regionals. Citigroup is a special Bank and I'd hate to see a shortsighted tearing apart of it.
The Great GSE Meltdown: Market Adding Fuel to Fire? [View article]
I'm tired of all the whine. Fannie & Freddie will be back stopped by Congress, as its their job, if needed. The Bush administration will follow Congressional orders ( legislation ). Screaming from the stands is just noise. I advise small steps into a Citigroup position. I just wish CMB was still around for my bank investing in turbulent times amid cries of insolvency. Chase never let me down through Reagan or Bush.
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Latest | Highest ratedAT&T: The iPhone's Achilles' Heel [View article]
Is the Deal Between Apple and AT&T Anti-Competitive? [View article]
Is the Deal Between Apple and AT&T Anti-Competitive? [View article]
Is the Winner Pfizer, Merck or Roche? [View article]
Citigroup Questions [View article]
A Look at Citi's Trust Preferreds [View article]
What Have You Done, Jamie Dimon? [View article]
WaMu: Speculative Value Play [View article]
Four Reasons Why Gold's a Slam Dunk Investment [View article]
Will GM's Volt Change History? [View article]
Annals of Deckchair Reorganization, Citigroup Asia Edition [View article]
Annals of Deckchair Reorganization, Citigroup Asia Edition [View article]
The Broker Banks are just that, really brokers. J.P Morgan Chase is close to a true global bank. Bank of America & Wells Fargo and all the other banks are American national banks , often listed as regionals. Citigroup is a special Bank and I'd hate to see a shortsighted tearing apart of it.
Crude Oil, Gold Prices Plummet: Time to Get Cautious About Dollar Bears [View article]
Kimberly-Clark: A Little Overvalued at Current Price [View article]
The Great GSE Meltdown: Market Adding Fuel to Fire? [View article]