wholesalecd

A Summary of Q1 Bank Earnings: World, You Just Got Hustled

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.

Credit Default Swaps Show a Decrease in the Fear Trade

In other words BUY Citigroup NOW before you get left in the dust.

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

Fed to Banks: Keep Quiet About Stress Test Results

IT'S THE BANKS THAT CAUSED THE SWINE FLU SO TO DIVERT ATTENTION TO SOMETHING ELSE.