C.elder's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/196318/comments http://seekingalpha.com/article/136478-citi-stress-calculations?source=feed#comment-495447 495447 This Govt cannot have it both ways-there can only be one economic outcome....so which is it?Economic disaster(as per the stress tests) or return to growth(as per the offical outlook)?]]> Fri, 08 May 2009 10:07:33 -0400 This Govt cannot have it both ways-there can only be one economic outcome....so which is it?Economic disaster(as per the stress tests) or return to growth(as per the offical outlook)?]]> http://seekingalpha.com/article/120762-why-bank-nationalization-will-never-happen?source=feed#comment-390541 390541 Do you really want Barney Frank(or any other politico) running the banks and giving jobs in banks to his pals;relatives;campaig... contributors;lobbyists;hangers-on etc etc?
These politicos are the same people that brought us the US Govt deficit which was already astronomical before the bailout.The same politicos who have been overspending for decades now with no thought to who/how/when all this govt debt would be repaid.The same bunch that caused the subprime mess by legally obligating the banks to lend a minimum of 20% of their mortgages to sub-prime borrowers(go look at the NYT of 1998 praising the Clinton admin for forcing the banks to lend in this manner in order to give poor americans the chance to buy a house).The same politicos that bankrupted Freddie mac and Fannie mae.Should I go on???If these guys takeover,it's time to emigrate.]]> Mon, 16 Feb 2009 12:00:03 -0500 Do you really want Barney Frank(or any other politico) running the banks and giving jobs in banks to his pals;relatives;campaig... contributors;lobbyists;hangers-on etc etc?
These politicos are the same people that brought us the US Govt deficit which was already astronomical before the bailout.The same politicos who have been overspending for decades now with no thought to who/how/when all this govt debt would be repaid.The same bunch that caused the subprime mess by legally obligating the banks to lend a minimum of 20% of their mortgages to sub-prime borrowers(go look at the NYT of 1998 praising the Clinton admin for forcing the banks to lend in this manner in order to give poor americans the chance to buy a house).The same politicos that bankrupted Freddie mac and Fannie mae.Should I go on???If these guys takeover,it's time to emigrate.]]> http://seekingalpha.com/article/107779-citigroup-avoids-bankruptcy-will-citizens-fare-as-well?source=feed#comment-314376 314376 The real question is why the Govt continues to allow a small group of people to short the banks and drive down their stock prices,making a huge amount of money in the process for themselves,while causing a major catastrophe for the country?The shorts then turn their attention to the next bank,and then the next and when they run out of banks,it will be the turn of the insurance companies.The shorts will get huge bonuses,and the Govt will end up with all the collapsed banks anyway.Much smarter to not only ban the shorts,but impose a large tax on all short profits retroactively to the beginning of 2008 to help pay for the bailouts.This will stop the shorts from profiting from the destruction of the banking system and help offset the cost of the bailouts.
And by the way,if deadbeat americans paid off their loans as they are supposed to,none of this would have happened!]]> Tue, 25 Nov 2008 04:26:13 -0500 The real question is why the Govt continues to allow a small group of people to short the banks and drive down their stock prices,making a huge amount of money in the process for themselves,while causing a major catastrophe for the country?The shorts then turn their attention to the next bank,and then the next and when they run out of banks,it will be the turn of the insurance companies.The shorts will get huge bonuses,and the Govt will end up with all the collapsed banks anyway.Much smarter to not only ban the shorts,but impose a large tax on all short profits retroactively to the beginning of 2008 to help pay for the bailouts.This will stop the shorts from profiting from the destruction of the banking system and help offset the cost of the bailouts.
And by the way,if deadbeat americans paid off their loans as they are supposed to,none of this would have happened!]]> http://seekingalpha.com/article/106812-will-citigroup-regain-its-lost-luster?source=feed#comment-310564 310564 Thu, 20 Nov 2008 04:25:23 -0500 http://seekingalpha.com/article/98830-the-duplicitous-sheila-bair?source=feed#comment-275760 275760 Tue, 07 Oct 2008 11:21:28 -0400 http://seekingalpha.com/article/89395-corporate-fraud-government-intervention-bailout-nation?source=feed#comment-223785 223785 Wed, 06 Aug 2008 07:54:00 -0400 http://seekingalpha.com/article/89228-citigroup-reports-loss-on-credit-card-securitizations?source=feed#comment-223777 223777 Wed, 06 Aug 2008 07:44:13 -0400 http://seekingalpha.com/article/83637-meredith-whitney-cuts-ubs-ag-merrill-lynch-and-citigroup-s-estimates?source=feed#comment-199621 199621 ]]> Mon, 07 Jul 2008 08:14:51 -0400 ]]> http://seekingalpha.com/article/83389-predicting-the-financial-sector-rebound?source=feed#comment-196646 196646 I wonder though why Citi does not cut its credit lines on Goldman?Without these Goldman would soon disappear.
Anyway,just some thoughts for you all...]]> Tue, 01 Jul 2008 12:58:31 -0400 I wonder though why Citi does not cut its credit lines on Goldman?Without these Goldman would soon disappear.
Anyway,just some thoughts for you all...]]> http://seekingalpha.com/article/78020-is-meredith-whitney-right-about-citigroup?source=feed#comment-170616 170616 Funny how no one points that out to her.Hey whitney why should we pay ANY attention to what you say when you got it so wrong on Bear Stearns?This is also the SAME Whitney who completely MISSED that Bear stearns was going into the tank the week they went into the tank.So I am afraid that she haas been way off the mark on the single most important event in the financial sector-the collapse of Bear Stearns which happened under her nose,but she didn't see it.
Anyone have a list of her other fails,or is everyone's memories too short?]]> Tue, 20 May 2008 13:12:54 -0400 Funny how no one points that out to her.Hey whitney why should we pay ANY attention to what you say when you got it so wrong on Bear Stearns?This is also the SAME Whitney who completely MISSED that Bear stearns was going into the tank the week they went into the tank.So I am afraid that she haas been way off the mark on the single most important event in the financial sector-the collapse of Bear Stearns which happened under her nose,but she didn't see it.
Anyone have a list of her other fails,or is everyone's memories too short?]]>