The Rules on Buybacks Ought to Be Changed for Citigroup [View article]
Ray Charles could see that Citigroup is a fragmented bunch of dishonest greedy thugs, and no one knows what they are hiding off balance sheet. I won't do business with them and I encourage everyone with a pulse to do the same.
One thing for sure, a corpse swinging in the wind sends a powerful message to everyone else, regardless of truth.
Where's the Bottom? Still Anybody's Guess
[View article]
I've been taking a lot of time lately to consider "alternatives" that everyone keeps talking about. Out of this reflection, I feel as though Congress has all eyes on the financial crisis. This gives me much more confidence in that my interests both personally, and nationally will be served.
However as much as I despise the socialism of the rich, I think it be prudent to consider that "rich" is simply a concept in which the rest of the world still frowns upon even me.
I'm more and more confident that participation by all will "help" the problem, and now that the rush is mitigated in lieu of sacrifice, I'm ready to move on...
This is my first investor crisis, and as such, have learned a tremendous amount, notably in emotion, and stability.
Though the broader economy is yet another matter, we're all in this boat together, and i think more ores are rowing in the same direction after the last couple of months than the prior decade.
My tone and attitude is changing, and the opportunist is coming back.
History Suggests the Financial Bottom May Be Near [View article]
"I count ten times this year that analysts have prematurely called for a bottom in the financials and each time buyers have been bitten. We at Lone Peak Asset Management have refrained from making any such calls but it must be noted that this action is different. "
Are you serious?
One sentence you're ripping those that call the bottom, the next you build a case supporting that premise. What a joke. You keep thinking that the bottom is near, particularly when the bond markets get swallowed in this storm.
I'll be expecting the next commentary to reflect 11 false bottoms.
The Auction-Rate Security Mess: Read the Writing on the Wall [View article]
Though entirely after the fact - How is it that the entire planet knew that real estate in the United States was in a bubble? What contributes to a bubble, or perhaps even more importantly, how a government tasked with "oversight" could have NOT seen that risk was pandered like the ol' hot potato and contributing to the bubble's size? So, for those seeking actual investment contributions, where is the next "bubble"? IT'S THE VALUE OF THE U.S. DOLLAR! -- off my soapbox.
How High Leverage Has Brought Down the Whole Banking Industry [View article]
I agree, with the utter lack of transparency, the valuation is completely "unknown" and therefore risk prone. Personally, I think the Fed ought pull back, let the banks collapse and restore this false sense of security the market has in them. That in turn will lead to regulation so we don't end up here again, and again, and again. I shouldn't have to pay for poor default risk, and next is credit risk, and then what?! *sigh* If Washington only had a clue... even a $.05 K-Mart clue...
Bank of America: A Risky Bet That May Be Worth It - Barron's [View article]
Are you crazy? Your examples of "investments" aren't even investments, they are speculative plays for day traders.
M2M accounting is the only thing giving REAL investors any confidence - suspend that and confidence goes even further.
Just because you think you can sweep your $hit under the rug doesn't mean it goes away.
Mark these words BoA is a TERRIBLE play folks, zero transparency and all lies. Why else would the taxpayer be propping them up.
Anyone going long on BoA for long term will be utterly slaughtered.
BofA Following Citigroup to $5 or Lower [View article]
Are you serious?! Did even one person on the planet think these guys were honest, or had turned over a new leaf?!
Sorry Charlie, even Ray Charles could see these banks are robbing American's blind. Largest heist in history.
I think they finally opened the book of the tier III assets!
Nationalize Citigroup and Bank of America [View article]
For the love of God, quit paying these banks and the problem will go away!
Wednesday Outlook: The Credit Addiction [View article]
Citi's Underwhelming Bailout [View article]
Thanks to the house of Saud for muscling those that are responsible.
I'm getting very sick of this country and our notion of "corporate capitalism."
Citigroup: The End Draws Near [View article]
Rather than bash the perma-posi-spin that some posters assert, I'd like to point out that it's more often than not what is NOT said that is truth.
Arguably that's why we're in this mess to begin with.
The problem with Citigroup is trust -- the one thing one can't quantify on financal statements nor a Saudi prince's behavior.
On Nov 23 08:12 AM Bluebird Aming wrote:
> You are right, your comment is not notable.
> If you disagree with JasonC's analysis say why, rather than making
> some silly Hitler comment.
The Rules on Buybacks Ought to Be Changed for Citigroup [View article]
One thing for sure, a corpse swinging in the wind sends a powerful message to everyone else, regardless of truth.
Citigroup: The End Draws Near [View article]
Not even Hitler's propaganda stacks up the garbage you write.
Bigger is Not Better in Banking [View article]
Also, don't let dumb$hit "W" have any say whatsoever in the conversation.
What is Hank Paulson Thinking? [View article]
What is Hank Paulson Thinking? [View article]
"I've just been called on my all-in bluff... shit."
Where's the Bottom? Still Anybody's Guess [View article]
However as much as I despise the socialism of the rich, I think it be prudent to consider that "rich" is simply a concept in which the rest of the world still frowns upon even me.
I'm more and more confident that participation by all will "help" the problem, and now that the rush is mitigated in lieu of sacrifice, I'm ready to move on...
This is my first investor crisis, and as such, have learned a tremendous amount, notably in emotion, and stability.
Though the broader economy is yet another matter, we're all in this boat together, and i think more ores are rowing in the same direction after the last couple of months than the prior decade.
My tone and attitude is changing, and the opportunist is coming back.
History Suggests the Financial Bottom May Be Near [View article]
Are you serious?
One sentence you're ripping those that call the bottom, the next you build a case supporting that premise. What a joke. You keep thinking that the bottom is near, particularly when the bond markets get swallowed in this storm.
I'll be expecting the next commentary to reflect 11 false bottoms.
The Auction-Rate Security Mess: Read the Writing on the Wall [View article]
How High Leverage Has Brought Down the Whole Banking Industry [View article]