msoori

Where's the Outrage at the Banks?

How do I make myself too big to fail? Thats a question we all will have to figure out!

Five Reasons the Market Could Crash This Fall

#1, I dont get your point. You stated the institutional investor's next price would have been $10.04 anyway. If this is the case, only thing HFTP has added is volume and a 1/2 penny to its pocket. If the trend is up and the price went up regardless, getting the HFTP out would be a good thing as both seller and buyer will have an extra 1/4 penny in their pocket.

#2 If this market rally is a Short-Squeeze, so be it. It is welcomed for the harm naked shorts have caused. The second part of "price discovery" has to happen at some time, and its called a Short-Squeeze!

Cramer's Mad Money - Is Cerberus a Hero or a Dog (12/23/08)

Cerberus is named for the mythological three-headed dog, and is certainly a dog, and it shows. Recently CNN ran a story about closing of the Mervyn's dept stores in CA, where Cerberus has played a shameful role in it. Not only that, Cerberus hired the CEO that Home Depot fired www.msnbc.msn.com/id/1.../ for poor performance. Cerberus certainly got into this mess themselves. Its a shame that tax payer money is being to bail out a shameful company like this.

Number of U.S. Homes With Negative Equity Is Stunning

It takes a lot of money for a bank to foreclose on a house. Legal expenses, lost interest, repairs, expenses in putting the house back on the market, holding on to an empty house till it sells (insurance for a vacant home is nearly double/triple for that of an occupied home), time spent and so forth. Add to that the fact that the property is worth less than the mortgage... yes, it is in their best interest to modify the loan terms. Does a bank do anything out of the goodness of their heart? ;-)