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  • American Express Is Now a Bank [View article]
    Just to make a footnote in history to my superior predictions above, GE received FDIC guarantees today.
    I'm not sure whether to gloat or throw up.
    Nov 12 22:08 pm |Rating: 0 0 |Link to Comment
  • American Express Is Now a Bank [View article]
    Great - Who's next? GM loans money. GE? They have a huge capital arm. Maybe they should be a bank. Can the REIT's qualify as banks? They were added to the no-short list along with the financial stocks, so they are halfway there.

    BTW - I hope this clueless blogger above is not the real Obama. Why would someone post such a strong opinion when he clearly has no idea what he's talking about? Not even a vague concept of how business works. Hey wait a minute - I wonder if he really IS the Prez Elect?
    Nov 11 22:08 pm |Rating: 0 0 |Link to Comment
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