JudeJin

Bank of America: Ready to De-TARP

please bac don't de-tarp. if bac cuts its ties with the government, who's gonna bail it out twice?

'Nationalize Insolvent Banks': Buffett Didn't Get Roubini's Memo

maybe you don't understand them.

there's a common thread behind what they just said. the marked down assets will appreciate in the future but the loss so far wipe out the equities and they're making good profits on new business.

both of them are right. buffett is betting on a free ride on the taxpayers. buffett's moral should be questioned!
remember, buffett's amassed fortune was never taxed! yet taxpayers are bailing out his wells fargo!!

Merrill Lynch Obituary & Epitaph: Repent Lest Ye Also Perish Like Our Fallen Brother Lehman

bac's bid served two purposes:
1. propped up lewis' ego and damaged bac's shareholders' interest
2. disrupted the game plan of the shorts for the time being.

but the shorts will prevail! lewis' timid facial expression exposed his weak hand. the shorts will call his bluff.

i suggest learning the art of bluffing be part of any CEO's EMBA training!

What's the BofA / Merrill Synergy?

this merger would go down history as the most blatantly stupid bluff to the shorts. bac risks bringing itself down along with merrill.

this bluff is going to fail. bac will be shorted without any question. merrill will open high to provide the shorts with one final chance to short above 20!!