normthefedup

Break Up the Big Banks

So Avery, what you're saying is that it's NOT ok for the government to bail out the banks (and let's not forget that in most cases they took common stock from which if sold, the government will make an ENORMOUS profit) , it's NOT ok for them to pay back the loans, it's NOT ok to get out from under the government's thumb, but it IS ok for the government to still have enough control to break them up. On what premise? A decree from the Pharaoh? So let it be written, so let it be done?

Banks Are Not Reaching Bottom - Meredith Whitney

Listen all...Meredith (she) recently left Morgan Stanley and started her own consulting "thing." The more noise she makes, the more money she makes. Ms. (that's female) Whitney, my humble opinion? You got lucky on the predictions and you're just riding the wave. Put it to bed because too many people take what you say as gospel. And too many doom and gloom specialists have a habit of shoving their opinions down to many ignornant people's throats to the extent that their "predicitons" become self-fulfilling prophesies. You and your ilk need to give it a rest and, as you all recommend, "let the market take care of itself." Translation: shut the hell up.