Jared

Dow 'Dirty Dozen' Offers High Yields and Good Value

Yawn. You guys will be here in another 6 months predicting the "inevitable" cut in Bank of America's dividend. Meanwhile, I'll continue to collect $0.64 per share every three months.

Thanks for the laughs.

Predatory Banking Practices Undermining the U.S. Consumer

Also, it's ridiculous to state that the economy loses out on $30 billion due to this. The bank counts it as revenues, so it still ends up in the nation's GDP. We are ignoring basic macroeconomics principles here.

Predatory Banking Practices Undermining the U.S. Consumer

Why was this blog allowed to be linked to BAC's Yahoo quote page? I mean seriously, this is nothing short of crazy.

Regardless of what order the withdrawals/drafts are processed, the implication is that their are not sufficient funds in the checking account to cover all outstanding transactions. Whether you process larger or smaller amounts first has no effect on the end result: the person has overdrawn their account.

The bottom line (no pun intended) is that people need to manage their personal finances more wisely. The overdraft fees should serve as a motivational tool.

Apple vs. Bank of America: When "Whisper Numbers" Come Home to Roost

So, did BAC hit its whisper numbers or not? You don't even address that in your post. You just state that their earnings were down 41% YOY.

You should also note that BAC's share price receives a lot of support from a very nice dividend yield. The stock has been excessively pummeled in recent months due to speculation of a dividend cut. CEO Ken Lewis reiterated in the conference call Monday that he would not recommend a dividend cut to the board. The stock jumped as soon as he said that.

The SEC enforcement of existing short sale rules has also likely contributed to BAC's rise the past few days. We can't overlook that little fact.

The Outlook for Financials Failure

Can we get a clarification here on what you mean by "casting your lot with Bank of America"? You don't seriously think BAC will be the large cap bank that rolls over, do you?

Credit Cards: The Next Subprime?

So Americans no longer have any income? If they've resorted to putting groceries on the credit cards, where are their paychecks going? It seems to me that certain elements within the media are trying to create this extremely dire situation in America where a large portion of the population is on the verge of homelessness. I don't buy it.