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  • Meredith Whitney Ratings [View article]
    She reminds me a lot of Billy Ray Cyrus........
    Jul 13 22:32 pm |Rating: +1 -2 |Link to Comment
  • Bank of America Shares Now Worth Less [View article]
    EPS, always goes south with more dilution, normal, what are the rest of you brainacs thinking.

    IMHO, anyone long BAC must have their heads examined for being at the wrong table in this big casino. By November you will see it clearly.
    May 20 17:45 pm |Rating: +2 -1 |Link to Comment
  • Banning M2M: The Worst Mistake in History [View article]
    M2M was initiated for a reason don't you think. The policy should stand as written.
    Mar 13 05:41 am |Rating: +2 -8 |Link to Comment
  • U.S. Economy: Golden Dreams, Fallacies and Nightmares [View article]
    "Just like in 1933-1934 gold will be outlawed so only bankers can hold it. We must hope for something in between."

    I don't think this time around that is even remotely possible, as any enforcing agency will receive a pretty likely higher dose of lead than Gold at the front door.
    Mar 09 08:28 am |Rating: +6 -1 |Link to Comment
  • Why Nationalize in 2016? [View article]
    Would someone explain to me how in the $#%#%# it's better to own pure common(real price risk) versus preferred that yields 7-10%. Where in the $#%# did they come up with 40% equity position as well, based off of the current preferred investment and notwithstanding the guarantees on $308 Billion.

    ?????????????????????
    Feb 25 22:46 pm |Rating: 0 0 |Link to Comment
  • Why Bank Nationalization Will Never Happen [View article]
    This author makes valid points, however the aggregate losses already by share/bond holders in AIG & FRE & FNM easily have already eclipsed those of C & BAC in future terms. So, no big deal if C & BAC go the same route.

    As gold continues to rise, the real collapse will be in the derivatives tied to Gold, this will be the cut, that infects the entire system. As usual the patient will be administered antibiotic too little, too late.
    Feb 16 06:56 am |Rating: +3 -2 |Link to Comment
  • Nationalizing Bank Losses [View article]
    This is just another Gov't media spread that takes the sheep's eyes off the real problem which is a 60-600 Trillion derivative problem, that will in fact at some point render the banks useless. So who really cares which chairs on this Titanic belong to whom ?
    Feb 01 02:23 am |Rating: +1 0 |Link to Comment
  • The Danger in Financial Stocks in 2009 [View article]
    I'm very negative the financial arena. But, unless they fail in big groups of 2-3 or more, I think the Fed can maintain perceived stability with their blatant propping program.(BPP)

    As an aside, guys like Buffet, throw a lot of dart's, they all don't hit paydirt. Ask him how wise he was on the 950 Million Netjets purchase a few years back, still bleeding cash......
    Jan 06 00:21 am |Rating: 0 0 |Link to Comment
  • Citigroup's Derivatives Reduce Bailout to a Non-Event [View article]
    Okay gents, lets just say that 3% of netted derivatives implode over the next 24 months globally. Considering the outside box probabilities of some currency implosions here and there and then impute some government risks/mandates to come out of nowhere.

    3% of 643 Trillion is a boat load of Cash, I don't care who's cash it is, 19+ Trillion cannot be printed nor fixed. Implosion will be the result IMHO.
    Jan 04 16:54 pm |Rating: +5 -1 |Link to Comment
  • JPMorgan Chase: Poisoned by Bear's 5,000 Counterparties [View article]
    I often ponder when/if the true liabilities of JPM or GS will ever come to be open and factual ? Can it be that the status/exclusivity of these two monsters will ever be exposed.

    Weekly thinking makes me think no, unless the the whole card system implodes, at which point in time it just probably won't matter.
    Dec 14 09:48 am |Rating: +7 -1 |Link to Comment
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