kevinm

Another Big Bank Failure: More Likely Than Not to Occur

Some of you would benefit from learning some manners.

Reggie has been consistently bearish on the financial stocks for many months. I, for, one, am appreciative of his insights and articles, and have made a lot of money following many of his short recommendations. I would have done even better if I had followed them more aggressively!

Given government backing of the banks, he may now be overplaying his hand. Or maybe not. I don't have the stomach to short them any more. However, his research is incredibly detailed and has been insightful. He is consistently one of the most worthwhile posters.

Lehman and Merrill: Possible Scenarios

Valuing Merrill this way is akin to saying..."I have a $1 million dollar house..." (but forgetting to mention that it has a $2 million dollar mortgage!)