Another Friday, Another Bank Failure: Casualty #33 and More on Stress Tests [View article]
If you were discussing Ponzi schemes,would you not mention Madoff??
On May 10 02:02 PM James Wilson wrote:
> Did you notice the link to Citi with every bit of bad news about > banking ? > Is this planned ? > The article was about a bank in Washington how did Citi enter into > it ? > Every bank failure story has to include Citibank somewhere in the > sotry right ?
Bankrupt Banks and How Asset Values Are Deteriorating [View article]
Agree with your article completely...one thing is wrong....a house in Detroit ,boarded up and carried on the banks books...is a tangible asset,but is worth zero...they won't even repo it,because they would have to pay taxes and city mandated repairs and maintainence...better to leave it in the mortgage holders name.
Credit Bubble: Who Lent to the Hedge Funds? [View article]
This is a scheme that would make Mr. Ponzi proud.With every transaction generating fees,the bonuses were huge for a lot of the players and life was good.
But it didn't end well,unlike most fairytales ......
The Escalator of Life Is Going Down (Part 2) [View article]
Mr.Quinn has written excellent articles in the last few months,but he's beginning to repeat himself.Enough,already!
I don't know about you guys,but I'm tired of looking in the rearview mirror.Right now,I'm busy with trying to conserve the little wealth I have and maybe make a dollar or two....and that ain't easy..
Can the Economy Recover in the Midst of a Consumer Confidence Crisis? [View article]
The blame for the crash in consumer confidence can be placed squarely on the rise of gasoline to $4 per gallon.That was the beginning of the end for Joe Sixpack.
Another Big Bank Failure: More Likely Than Not to Occur [View article]
If you go back to read Reggie's articles,you will find he has been mostly right on the financials....maybe he was having a holiday drink when he wrote this....but he's still right.
Every bank in the US is bankrupt and will not be profitable for years...just propped up...
Another Friday, Another Bank Failure: Casualty #33 and More on Stress Tests [View article]
On May 10 02:02 PM James Wilson wrote:
> Did you notice the link to Citi with every bit of bad news about
> banking ?
> Is this planned ?
> The article was about a bank in Washington how did Citi enter into
> it ?
> Every bank failure story has to include Citibank somewhere in the
> sotry right ?
A Summary of Q1 Bank Earnings: World, You Just Got Hustled [View article]
As always,timing is the key...intervention will continue unabated for a long while yet...but trading ops are ripe for the taking...just be nimble...
Wednesday's Closing Update [View article]
Bankrupt Banks and How Asset Values Are Deteriorating [View article]
Sad...
Credit Bubble: Who Lent to the Hedge Funds? [View article]
But it didn't end well,unlike most fairytales ......
Be Wary of Risk Assets and Citi's 'Profit' [View article]
Why BAC Will Beat: Understanding a New Bull Market Is Not Underway [View article]
All the debate about who,when,how,and why does not mean a thing...it's going to happen...just figure out how to profit from it.
I wish I could change it,but I cannot...
The Escalator of Life Is Going Down (Part 2) [View article]
I don't know about you guys,but I'm tired of looking in the rearview mirror.Right now,I'm busy with trying to conserve the little wealth I have and maybe make a dollar or two....and that ain't easy..
Visualizing Financials: Charting the Carnage [View article]
Can the Economy Recover in the Midst of a Consumer Confidence Crisis? [View article]
Like 9/11 without the planes...
Can the Economy Recover in the Midst of a Consumer Confidence Crisis? [View article]
Conference Call Highlights: Bank Investors Should Worry about Private Homebuilders [View article]
One regional bank here in N.C. is going down because of a couple of private builders....one was on the bank board....shameful...
Another Big Bank Failure: More Likely Than Not to Occur [View article]
Every bank in the US is bankrupt and will not be profitable for years...just propped up...
Citi's Desperate Straits [View article]
Thrown Overboard - Fast Money Recap (10/3/08) [View article]