CoverIsBetter

Mortgages: Option ARMs Are the New Subprimes

Bailout? What kind of bailout? What "levers"?
The people started walking away in foreclosure. The banks started to fail. We bailed out the banks. The banks are paying back the TARP. Where do we go from here? Re-TARP the banks?

We need to re-employ the people. And make working socially acceptable to non-immigrants. Globalization and workplace evacuation by the middle class created the personal-fitness-train... lifestyle. So glad to see that unwind. But we need a 1980's style corporate boost and some inflation to put some of this debt behind us.

10 Bullish Option Spread Strategies

Agree with naysayers here..
There is a reason these Bull Spreads are so cheap to get into, low chance these stocks move up that high that fast in the dog days of summer.
I have tried your strategy so many times only to see the stock trade sideways or down. As a matter of fact, I am holding your Bull Call Spread idea for USO from MAY 12 (seekingalpha.com/artic...)
and losing money on it.

Just saying.. this is a high risk strategy. My covered calls in WFC, BAC, and F are bringing me better sleep at night.

WaMu Defrauded by JPMorgan?

So what happens to WAMUQ holders with the $4 billion is given back to the Wamu holding company? Am I even asking this right?

Disclosure : Holding WAMUQ stock and angry about the way the takeover happened.

The Stress Test Cliff Notes

"Monte Carlo simulation that projected a distribution of losses by examining potential dispersion around central probabilities of default."

Sounds like B.S. Why can't you just count how many borrowers who are in current default. Then extrapolate that out into the future by demographic, style of home, price of home, salary, etc..

IMHO - Inflation is the only solution can get us out of this. To get real GDP growth up to a level to prop real estate back to 2005, is going to take immigration beyond imagination, since we aren't reproducing anymore (atleast not in my socio-economic group).
Net effect - the worlds resources and savings accounts are decimated in one quick rev of the printing press. O well.. I am in the prime of Gen-X earning power and lost most of my 401K. People will just have to deal. Put the printer on Nitrous and some parts overnighted from Japan and lets move on with production of coffee, software, and hamburgers :-)

How Will Payday Lenders Be Affected by New Bill in Congress?

I agree with John In Madison. Payday lender is just one more leach attaching itself to a producer of income. To repeatedly visit these shops for your check-cashing, is tantamount to a huge pay cut.

That said, I have used one, but oddly, only once. So it must have been a one time situation where I needed help. Once.