Bank of America: A Risky Bet That May Be Worth It - Barron's [View article]
Beik
M2M is mark to market.
Bank rules on mark to market accounting are not as severe as in some other business segments so not sure what good M2M rule change will do for BOA either.
GE's Rollover Risk Supports Short Trade [View article]
Hi epeon, my thoughts exactly. This AM welcome to the unwind of the hedge fund. We watch gold and oil, both down and on the announcement by OPEC. Only reason is redemptions, redemptions, redemptions. Keep in mind that money will eventually go somewhere. My guess equities. Lots of good companies at book. Buy carefully but now is the time.
iThinkBig- right about government debt problems not until 2011. Obama runs national debt, not to fight a war that the rest of the world secretly knows has to be fought or their own hides are in for trouble, but to provide health care and other social programs for citizens of the US. The world calls in their debt, we go bankrupt, our dollars are worth 0 and this little blip in the market looks like a walk in the park. I hope for our sakes I am wrong.
Bank of America: A Risky Bet That May Be Worth It - Barron's [View article]
M2M is mark to market.
Bank rules on mark to market accounting are not as severe as in some other business segments so not sure what good M2M rule change will do for BOA either.
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GE's Rollover Risk Supports Short Trade [View article]
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