eponymousLTC

A Look at Downey Financial's 2007 Earnings

what do you think of their recent share rally? dead cat bounce?

It's Ugly Out There. What's Washington Waiting For?

Our financial system does not have a liquidity problem, it has a solvency problem, which is going to correct itself over the next 2-3 years. Exceptionally low interest rates are what got us into this problem in the first place.

'ScareWare': A Sure Sign Apple Is on the Right Track

Your premise is... [Comment edited for abusive language. Commenter put on notice].

US Bancorp Is Whistling Through the Graveyard

considering their stock isn't in a free-fall like the rest of the financial market, I'd say they must be doing *something* right...this article could use some hard facts to back it up other than "111%".

Apple Tumbles During 'Disappointing' Stevenote

In a bear market, don't most institutions sell into strong companies with strong earnings in order to capitalize on the momentum and take profits? That would be one of the things I'd hedge against come earnings season, strong or not...

Dendreon Suffers from Immature Management

I've read this article three times trying to understand exactly *how* DNDN suffers from immature management, and I still don't get it. You mention the FDA and DNDN are both run by incompetents, and while you give commonly held perceptions about the FDA as arguments for them, I still don't understand exactly what makes DNDN management so immature...

KB Homes Betting On Countrywide Just As Market Kills It

when he said 'capitalizing' on their partnership, i think what he meant was that it was actually paying off a little bit by what little dribbles of sales CFC could get out to them. As far as 'eggs in a basket' go, I'd say they're both 'up the creek' instead. :)

Staunch Government Intervention Needed to Avoid Full-Blown Depression

Government revenue shortfalls do not mean a depression is coming, or even a recession, for that matter. It may mean paring down expenditures, but that's a normal part of any business cycle and should be considered healthy.

Can a Fed Move Stop the Debt Supercycle?

I concur with HARM with the inclusion of "lies, damn lies, and US. GOVERNMENT statistics". Saddam Hussein's Minister of Information seems more trustworthy.

E*Trade, Wells Fargo and Downey: 'Subprime' Problems With Prime Loans

great article!

WSJ's Merrill Lynch Snafu: MSM Authority Takes A Hit

Wasn't it Ronald Reagan who made the famous quote, "trust, but verify" ?

"Is This Any Way To Run A Modern-Day World Economy?"

Is there a link somewhere where we can see Stephan's original article?

Countrywide Financial Preparing a PR Blitz

Here's an interesting question for you - what ever happened to Stan Kurland, and why did he suddenly resign not too long ago? Stan was heir apparent for a very long time, right up until he suddenly resigned and David Sambol was named in his stead. As an investor I'd be interested to know more about that peculiar management shakeup...

What Warren Buffett and Joseph Lewis Think of Financial Stocks

did you first spread the rumor or what? Because you certainly bought into it.

The Times’ 'Expose' of Countrywide Lacks Any Evidence

You're assuming that every branch office behaved exactly the same way. I'm willing to bet a basket of tangelos (a homage to one of the nicknames given to CFC's now dubious CEO) that predatory behaviors lurked throughout many of the branches - especially in markets with hotter real estate markets...