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  • 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 ?
    May 10 15:03 pm |Rating: +4 -3 |Link to Comment
  • A Summary of Q1 Bank Earnings: World, You Just Got Hustled  [View article]
    Wow,that was a fast paced article,for an old guy like me....but I agree 90%...

    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...
    May 10 11:30 am |Rating: +7 -5 |Link to Comment
  • Wednesday's Closing Update [View article]
    Nice simple wind up report...thanks...
    May 06 16:49 pm |Rating: +1 0 |Link to Comment
  • 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.

    Sad...
    May 01 02:44 am |Rating: +5 0 |Link to Comment
  • 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 ......
    Apr 20 04:46 am |Rating: +1 0 |Link to Comment
  • Be Wary of Risk Assets and Citi's 'Profit'  [View article]
    We are living in a world of lies....take it for what it is...figure out a way to profit from it..
    Apr 19 18:01 pm |Rating: +1 0 |Link to Comment
  • Why BAC Will Beat: Understanding a New Bull Market Is Not Underway [View article]
    You have to play this like a cat and mouse game...I know everything is a lie...I'm just trying to figure out where the lie will fall and when.

    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...
    Apr 19 17:52 pm |Rating: 0 -1 |Link to Comment
  • 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..
    Mar 22 03:36 am |Rating: +1 -5 |Link to Comment
  • Visualizing Financials: Charting the Carnage [View article]
    Everyones dumping financials today because of the expected actions this weekend.Could be ugly Monday if something big happens(ie.nationaliza...
    Feb 20 13:25 pm |Rating: 0 -1 |Link to Comment
  • 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.

    Like 9/11 without the planes...
    Feb 03 22:59 pm |Rating: +3 -1 |Link to Comment
  • Can the Economy Recover in the Midst of a Consumer Confidence Crisis? [View article]
    Citi is under pressure from the government...this is just more lies from the opaque banking sector..
    Feb 03 19:34 pm |Rating: +2 -1 |Link to Comment
  • Conference Call Highlights: Bank Investors Should Worry about Private Homebuilders [View article]
    We all knew this was coming....just more problems that banks have been hiding.

    One regional bank here in N.C. is going down because of a couple of private builders....one was on the bank board....shameful...
    Jan 20 06:30 am |Rating: +4 0 |Link to Comment
  • 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...
    Dec 31 16:15 pm |Rating: +3 0 |Link to Comment
  • Citi's Desperate Straits [View article]
    Felix is a lot like Cramer...entertainment only...no investment ideas in his writings,IMO.
    Nov 15 06:32 am |Rating: 0 -1 |Link to Comment
  • Thrown Overboard - Fast Money Recap (10/3/08) [View article]
    I used to think these people might have a clue,but just like Bove,they don't know shit...
    Oct 04 22:50 pm |Rating: 0 0 |Link to Comment
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