A Summary of Q1 Bank Earnings: World, You Just Got Hustled [View article]
You think C is going away. I bet you hundred grand that C is NOT going out. From the numbers C is in better shape than BAC.
JAY BOY BILLY
On May 10 11:30 AM ebschor wrote:
> Looks like we got hustled and you got squeezed. The difference is > we are full of cash and you are trying to write long, drawn out articles > to hopefully get enough people scared to sell so you can make back > some of your losses. > > The banks will recover. It's not like this hasn't happened in the > past. Bank performance will continue to improve over time. BAC, Wells, > JPM, GS, MS, etc. will all be powerhouses of the recovered economy. > I specifically left out C, because I think that financial institution > will be broken up and sold. It will also be removed from the DJIA > along with GM.
Bank of America's $34 Billion - Is That All? [View article]
I'm buying Citigroup now that they ARE in better shape than BAC. The CEO of BAC said two weeks ago that BAC isn't in the same trouble as Citigroup. Well we all now know the truth. He was flat out wrong.
A Summary of Q1 Bank Earnings: World, You Just Got Hustled [View article]
JAY BOY BILLY
On May 10 11:30 AM ebschor wrote:
> Looks like we got hustled and you got squeezed. The difference is
> we are full of cash and you are trying to write long, drawn out articles
> to hopefully get enough people scared to sell so you can make back
> some of your losses.
>
> The banks will recover. It's not like this hasn't happened in the
> past. Bank performance will continue to improve over time. BAC, Wells,
> JPM, GS, MS, etc. will all be powerhouses of the recovered economy.
> I specifically left out C, because I think that financial institution
> will be broken up and sold. It will also be removed from the DJIA
> along with GM.
Credit Default Swaps Show a Decrease in the Fear Trade [View article]
Actually I would be buying any of the banks right now.
Once it gets going and the economy improves this level will not be repeated again.
JAY BOY BILLY
Bank of America's $34 Billion - Is That All? [View article]
jay boy billy
The Bank Stress Tests May Actually Be Working [View article]
Stress tests proved that.
jay boy billy
Fed to Banks: Keep Quiet About Stress Test Results [View article]