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  • BAML buys the dip in New York Community Bancorp  [View news story]

    Who's BAML?

    Goldman Sacks is representing NYCB, so they are pumping this dog until after the merger.

    PS: I have owned this stock since 1997. Never impressive, but always high dividend payer. Now, that advantage is lost.
    Nov 30, 2015. 11:06 AM | 5 Likes Like |Link to Comment
  • Visa and MasterCard sued over processing fantasy sports payments  [View news story]
    I visited Israel. I think there TWO lawyers for every citizen.
    Nov 20, 2015. 03:43 PM | 3 Likes Like |Link to Comment
  • Vodafone Group Raises Dividend 2.2% - Now What?  [View article]
    Own it and hate it at the same time. I don't know what 2.2% increase means to the shareholders. If FX is considered at time of div payout, then one cannot predict payments either way. Bottom line, the dividend will be what it will be at the time of payment. I believe it is due in Jan or Feb. That's a long way off to try to figure exchange rates.

    The company is spread all over the globe. If exchange rates fluctuate, all its profit will be swallowed up. The only truly valuable asset was the VZ-Wireless holdings. It has mostly squandered the cash payout.
    Nov 17, 2015. 06:44 PM | Likes Like |Link to Comment
  • ECB discovers more bank capital gaps  [View news story]
    No "extortion" but a slap on the wrist. The fines are my tax money that the bank deducts from its income tax. Why are TBTF banks exempt from prosecution?

    And..yes it is "chump change" for these thieves, because we are the chumps.
    Nov 15, 2015. 01:39 PM | Likes Like |Link to Comment
  • Buy Yahoo For A Take Out  [View article]
    Long history of corprotacracy. Start with innovative founders, taken public by darlings of Wall Street savvy's, move to pretty looking CEO, run the company down, and..finally, turn it over to a Lady. She gets all the blame for taking this dog down. Follow up with the ACCOUNTANT who dresses up this dog so it becomes the bride to a takeover specialist and move the storied company into history.
    Should have seen this coming and sold as soon as Mayer became the next victim.
    Nov 9, 2015. 12:28 PM | 2 Likes Like |Link to Comment
  • The Schedule Is Appealing: Moving Forward, Freddie And Fannie, And The Search For Justice  [View article]
    There are no interest adjustments for US Court of Claims lawsuits. IT'S A SCANDAL!
    Nov 5, 2015. 01:31 PM | 1 Like Like |Link to Comment
  • The Schedule Is Appealing: Moving Forward, Freddie And Fannie, And The Search For Justice  [View article]
    Don't underrate the government's ability to destroy shareholder's value. It is a monolith dedicated to procrastination and duplicity, couple with shear bull-headed stubbornness to accept responsibility once it is found culpable. I am involved in a case that has already dragged on for 26 years, although the government has lost on every level. I expect another ten years to settle. that is almost two generations.
    Nov 5, 2015. 10:54 AM | 3 Likes Like |Link to Comment
  • Freddie Mac reports first loss in four years; no draw from Treasury though  [View news story]
    I Never believed that I could be as happy with a loss announcement as with these GSEs. Let Treasury fleece some other outfits. The source of this loss (write-down) is good for the overall health of the company's Balance Sheet, so, kudos to management for this "engineered loss".

    Also, very impressive mortgage initiations - this bodes well for the shareholders.
    Nov 3, 2015. 12:29 PM | Likes Like |Link to Comment
  • Will AIG Hit $100 With The Help Of Carl Icahn?  [View article]
    The author is just stating a good point. If the company has a $Billions in cash, should it lock up the money in buybacks? dividends? or investment in future growth? I agree that the latter two make more sense here than a buyback.

    Investing in growth is an excellent choice, but, perhaps there are few cheap alternatives at this point in time.

    Dividend growth, on the other hand, tell the investment community that, this formally moribund company, is safe and sound, enough to throw out rewards to its shareholders.

    If that was his point, it is a well considered option.

    Long AIG
    Nov 1, 2015. 10:56 AM | 1 Like Like |Link to Comment
  • More losses for NYCB as secondary prices; Astoria lower too  [View news story]
    my horse is now a donkey.
    Bet you'all there's going to be a class action to stop this...unless management gets on the ball and explains the rationale for diluting shares by 30% and decreasing the dividend by 35%, making this bank look like an ass.
    Oct 30, 2015. 11:52 AM | 5 Likes Like |Link to Comment
  • New York Community Bancorp buying Astoria Financial  [View news story] summarize.

    We take an 8 cent cut in div. and an additional dilution of 20% in our shares. And that is ACCRETIVE? To Whom?
    Oct 29, 2015. 05:15 PM | 1 Like Like |Link to Comment
  • Will AIG Hit $100 With The Help Of Carl Icahn?  [View article]
    I'm on board with this line of thinking as well. Share buy-backs can always backfire on shareholders when Management decides to re-allocate the "buy-back" shares to themselves in the form of options and bonus incentives. I rarely see these but-back shares retired, they are usually held as treasury stocks.
    Oct 29, 2015. 07:47 AM | 2 Likes Like |Link to Comment
  • JPMorgan adopts clawback disclosure, proxy access  [View news story]
    Why does a fortune 500 CEO make up to 5000x lowest paid employee?
    Oct 27, 2015. 06:36 PM | Likes Like |Link to Comment
  • Freddie Mac and Quicken to offer 3%-down mortgages  [View news story]
    Trio, Sect'y Lew and the entire Den of Thieves at Treasury sure seems to think that they are.
    Oct 19, 2015. 04:06 PM | 1 Like Like |Link to Comment
  • Freddie Mac and Quicken to offer 3%-down mortgages  [View news story]
    This is a deliberate attempt to destroy the value of Freddy Mac in order to justify its ultimate control by Treasury. The ploy...Destroy the quality of the Balance Sheet, then claim that greed and negligence caused another debuckle in the Mtge market. At that point the Government claims that the GSE's cannot be privately managed.
    Oct 19, 2015. 12:39 PM | 1 Like Like |Link to Comment