HBWOW

The BofA / Merrill Mess - A Misguided Mob Goes After the Wrong Guy

Mr. Lewis is responsible for the bank's dealings in high risk derivatives and he should have acted in the best interests of the BAC stockholders/depositors and passed on the Merrill Lynch "deal", first on the basis of finding out about previously undisclosed losses (M & A) and secondly finding out about the outrageous "performance bonuses" cooked up by ML management (white collar crime???).

He should be further investigated and dealt with based on the findings. These high flying insiders and their political buddies all
are to blame for the mess. It is so amazing that they deal verbally without documentation records so no one can be proven wrong/guilty, wow. WHAT EXAMPLES FOR THE FUTURE OF AMERICAN MANAGEMENT ETHICS/RESPONSIBILITIES CODES!

Four Stocks Whose Nationalization Won’t Affect Stock Indexes Too Much

"Short sellers" are leading the market, taking profits on every turn, of course, at the loss of the general investors. The rich get richer and the middle class keeps sliding downward which is just what the liberals want.
Of course, the nation cannot survive on that basis but the politicians don't believe nor care about that, only their individual greed and power egos.

U.S. Market: So Much Stupidity in Such Little Time

Does "JAMOOKEY" and others really believe this "bailput" economic disaster just happened and was caused by the Bush administration.
This is the result of the bankers' greed and stupidity all "overlooked" by the Senate and House finance committee chairmen. It is another example of government without governing due primarily to the liberals and the lobbyists' influence.


On Jan 20 09:05 AM jamookey wrote:

> Seems the Bush administration has left us this wonderful legacy.Thank
> god his regime is over.As usual the country turns to the democrats
> to try to get them out of yet another hole the republicans have put
> us in.You would think we would learn.

2009 Dogs of the Dow

Is the derivative problem over with BAC and JPM much less the other large banks? I believe we have only seen the tip of the iceberg.