James Wilson

Debunking Wall Street's New Fairy Tale

The real truth will come out after a few years.

It is simple, really, there are too many pigs working in the finance sector of the economy. Too people employed in one sectors always leads to chaos as the demand for paychecks out weighs their worth to the overall economy.
Pigs being a relative term because even those with ethics and virtures have been corrupted by the demand of mutual funds demands for fast profits every quarter not allowing for long term planning or investments.

Wells Fargo Is Broke: Poor Forecasting Slays Another Giant

So horning in on the Cit deal was to raise capital WFC was broke back then too. It only defered the letting investors know by cofusing the issue with assets in the buyout.

Another Friday, Another Bank Failure: Casualty #33 and More on Stress Tests

Did you notice the link to Citi with every bit of bad news about banking ?
Is this planned ?
The article was about a bank in Washington how did Citi enter into it ?
Every bank failure story has to include Citibank somewhere in the sotry right ?

Will 'Bad Bank' Stocks Become Worthless Like GM?

GS AND MS SOULD PAY BACK ALL THE TARP FUNDS OR OPEN BRANCHS AND BECOME REAL BANKS !!!!!

UBS is saying sell so they can buy stocks cheaper and suggesting people buy stocks they want to sell.

iF YOU BELIEVE ANY SWISS BANKER YOU DESERVE WHAT YOU GET.

Some Notes and Predictions on Stress Test Results

Swiss Bankers trying to scare people out of their positions so they can buy in cheaper.

I would never believe UBS or ING about anything espically the value of a stock the lieing a holes.

A Stress Test Shocker: BofA Needs $35 Billion

The top underwriters in the peak years of 2005 and 2006 were Lehman Brothers at $106 billion; RBS Greenwich Capital Investments Corp., at $99 billion; and Countrywide Securities Corp., a subsidiary of the lender, at $74.5 billion. Also among the top underwriters: Morgan Stanley, Merrill Lynch, Bear Stearns, and Goldman Sachs.

NOTICE ANYTHING MISSING ?????

CITIBANK WAS NOT ONE OF THOSE WHO CREATED THE PROBLEM !!!!! They bought some securites from New Century but Citi did not make a lot of SubPrime Loans.

Can Recent Bank Earnings Be Trusted?

I would trust Pandit but few of the others.

Take That, Paulson: Finally, One for the Good Guys

This is bull !

Paulson placed an Auditor on the Board of AIG who could create money from thin air with a book keeping entry in August 2004.

How is that good in any way.

If AIG had failed in August of 2004 then Millions of Subprime Loans would never have gotten Under Writer approval. Fewer Banks would have failed. Bush would not have been re-elected and the SEC would have been forced to enforce the laws even hiring compentent staff to do the job.

Pre-Payments Reducing Value of Mortgage-Backed Securities

Personally I would rather have the loans repaid faster. If Economic conditons change I would have more cash on hand to invest in other area.

Placing a fixed long term figure on an investment is like buying life insurance. Your wasting your money to buy it when young and it cost more when your old.

Your story makes it seem that those with great wealth to invest are basically lazy and want investments set in stone so they can forget about money and investing.

The Fake Bank Rally

If the game is up what will you do for food in 3 months ?

If all the banks shut their doors and we go into a deep depression what Fool will you listen to then ? Phil Graham ? Paulson?

What will you dollar be worth ?

Fannie and Freddie inly had 4 % in loans that were on their books until forced to assume the bad assest from failing banks. Everyone believed those throwing mud at Fannie and Freddie who were only trying to spread the blame around early to protect thier image.

I mage if AIG had been allowed to fail back in August of 2004 when Paulson had to put a Auditor on their Board . Paulson then allowed that Auditor to create money just like the fed did with a book keeping entry of cash out of thin air to keep AIG's door open.
Imagine all the loans from August 2004 to 2008 were never approved by a AIG Underwritter.
Of course Bush was not re-elected because if AIG had failed along with all their insurance branches Bush would have gotten the boot quick in Nov of 2004.

Be Wary of Risk Assets and Citi's 'Profit'

How many banks were at the hearing on mark to market ? And Citi is the only one to beware of ?

What a hoot.

Let's Keep Big Banks from Ruining America Forever

Well ever time something good begins to happen hundreds of NEGATIVE story headlines for articles with NOTHING NEW in them hit the airways and internet.

Please GET ALL THE NEGATIVE ANGERY OUT OF YOUR SYSTEM by Saturday write all the storys you think will tell us what we don't already know about the past 8 years of fraud, collusion and illegeal activites in the bankinf sector.

After Saturday if it is not NEW NEWS please write the story then take a long walk off a short peir with it. We do not want to rehash the same old junk daily. Life it too short to be stuck in a rut so stop it !

The Big Banking Emperors' New Clothes

GS has 5 times the toxic loans how do they fly so high ?

Are Citi, Bank of America Pushing Prices Up?

The new MBS require a 20 % down and good credit .

So buying these is a good thing to get sell homes of all kinds new and foreclosed.

Geithner Regulates: After the Carrot, A Stick for Banks

The British setup a clearing house last month !!!!!!!
What is the problem it is working in England, Spain and France.