Long US stockS

Stress Test Leaks: Endgame Emerging

Fairy-tell???


On May 05 11:16 AM felixd wrote:

> I bet the guy that leaked was Rahm Emmanuel...He has a history of
> that in the past and is skilled in how to best push an agenda with
> a skillful and timely leak. By leaking all this yesterday , (just
> in front of the testimony of Fed Chairman Ben Bernanke) the goal
> might well have been to put a little extra pressure on the fed chairman
> and make him feel a little extra heat from riled up (and largely
> uninformed) elected members on the Hill. My conspiracy theory holds
> that Ben might prove to be a thorn in the side of the Obama economic
> team sometime soon as he moves to limit Fed easing to curb future
> inflation. For Team Obama, a conciliatory Fed is crucial and it would
> be far better to put their own guy in there (read Larry Summers).
> To get that done, they need to question Ben's leadership and start
> eroding his credibiliyt. Hey just a theory!

Stress Test Leaks: Endgame Emerging

You are right. They are " Special Interests"- sort sellers- mostly lost credibilities by now!!


On May 04 07:01 PM mruyog wrote:

> One very important aspect of banks like Citi Bank is not brought
> up by many analysts and critics of the fed's attempt to correct the
> system is hundreds (perhaps a thosand or more) branch operations
> overseas such banks have and importance of those to the U.S. national
> interest. These branches provide a complex cobweb of interconnections
> of various aspects of our national interest. I do not think simple-minded
> analysts or critics or those with limited focus are capable of comprehending
> what Gethner (or Treasury) and Bernanke (or FDIC) have in their mind
> while developing the bank rescue plan. The issue of correcting the
> messed up system thus is extremely complex and those analysts and
> critics do not and can not have all the information Geithner and
> Bernanke has. I suggest that all wise readers of hundreds of half-hearted
> artcles and opinions expressed in the media keep this in mind.

Jones Soda: Sometimes Markets Stay Irrational Longer than You Can Stay Solvent

I agree-Excellent reading. I too lost lots of money- Reading "Fool's Prediction & Analysis!!!"


On May 04 10:17 AM Uruz1 wrote:

> Really excellent article.

Banks Object to Stress Test Delay

Do you want to loose more from "theoritical test" results associated remors /Analysis? I don't


On May 03 05:20 PM Alan Young wrote:

> "if equity investors lose 50% of their value...."
> Huh? First of all, equity investors have ALREADY lost 50% of their
> value--in some cases, 100%--last year, as the follies of bank managers
> came home to roost. Secondly, if the information revealed by the
> stress test is not useful to the market, it won't have a long-range
> effect on the valuation.
>
> "..., I smell lawsuit."
> You seem to have your ambulance-chasing hat on backwards. It's FAILURE
> to reveal significant adverse information that's actionable; revealing
> it against the wishes of management is, I hope, still legal.

Banks Object to Stress Test Delay

me too


On May 03 03:33 PM mruyog wrote:

> All this hoopla in the media about the stress test is just a smoke
> screen or some so-called pundits trying to make their living. Both
> Geitner and Bernenke (and include Paul Walker) have been telling
> everybody that the idea of the stress testing is just to make sure
> that the banks will be O.K. if the economy stays weaker for an extended
> period of time. If certain banks can't lend because their capital
> reserves are likley to be strained beyond required level, if the
> poor economy persists, the Fed needs to know how much help to be
> provided, if necessary. In any case, the government nether wants
> to take over the bank nor wants to the bank to go under but remain
> functional. In other words, the test is just a method agreed by both
> sides to assess the potential capital need, precisely to keep the
> institutions afloat, not to let those go under!! It's like a physician
> diognosing a patient's disease for determination of the medicine
> dosage he needs to recover his health and not to kill him!! I fail
> to see why so much noise and anxiety instead of faith and hope for
> the better!!

E*Trade's Mortgage Snafu: Will It Prompt a Sale?

Amen!!


On Apr 30 12:26 AM Hirendu Vaishnav wrote:

> There is a bit of fear-mongering in this article which is ignorant
> at the least and fradulent at the worst.
>
> Let us break down the $2.243B in delinquent loans:
> HELOC delinquencies $724M -- Current Provisions $818.6M
> 1-4Family delinquencies $1469M -- Current Provisions $308.8M
>
> HELOC delinquecies are down this quarter. Yet they are provisioned
> more than total delinquencies even assuming 100% loss on all delinquencies.
>
>
> 1-4 Familly loans; which are mostly 1st liens, usually have a much
> reduced loss rate depending on the LTV and recovery rates. Yet E*Trade
> is provisioned assuming at 21% loss on that. Delinquency rates on
> 1-4 Family is likely to come down in future, though charge-off will
> be at current level for one more quarter.
>
> So in my opinion, using $2.243B deliquencies without mentioning over-provisions
> and improving future delinquencies is dishonest.
>
> If anything, E*Trade seems to have finally put all loan problems
> behind and it seems it is suffering now from too much provisions
> intended to push the stock price lower so that private placement
> of equity offerings can be done at sweetheart of stock prices. <br/>
>
> In other words, a great company that will be taken over by unscrupulous
> means, aided and abetted by people like this author.

Most of 19 Banks Passed the Stress Test

Dreamon The Blog NEWS & subscribers of WS


On Apr 28 09:18 AM jeandit75 wrote:

> dreamon The Good News Economist!

Most of 19 Banks Passed the Stress Test

Amen!!


On Apr 28 09:12 AM Ishortyou wrote:

> well like it says its all speculation....no methodology on it.

Most of 19 Banks Passed the Stress Test

will be "brutal" for Short covers", and good for the country.


On Apr 28 10:35 AM jeandit75 wrote:

> home prices keep on declining and they are tied to the banks bad
> loans. The market does not seem to care. Pigs can fly too apparently.
> What a crazy market! The drop will be brutal.

Most of 19 Banks Passed the Stress Test

means BAC& C investors lost/ are losing monies on "Specuative" writtings and Talking heads


On Apr 28 09:00 AM User 196900 wrote:

> So today's news on Citi and BAC means nothing, right ????

Mr. Roubini, Please Take a Seat

My 401K is down 80% over the last 18 month's simply from following your predictions/ Remors ( e.g.How does he know value of the toxic waste?) ,and helping Shorters making lots of money at my expense.


On Apr 26 11:15 PM Terry Finn wrote:

> Thank you "Mr. Nouriel Roubini, Please Take a Seat" in the WINNER's
> CIRCLE. Thank you for not cooking your "NUMBERS" like all the Wall
> Street and Washington thieves. My 401K is up 30% over the last 18
> month's simply from following your predictions. You have been spot
> on. The consumer has quit spending and that is all one needs to know.
> Are those 600,000 folks losing there jobs each month going to be
> buying more. I don't think so. It is so simple, just look around.
> The fancy stores are empty. The upscale restaurants are empty. The
> jets are empty. We ain't seen nothing yet.

Mr. Roubini, Please Take a Seat

You mean-"Talking Heads"??


On Apr 27 12:26 PM ArtfulDodger wrote:

> Larrysyr:
>
> Sorry, I meant to write this, to complete the thought:
>
> But let's say that GNE cherry picks good news out of a mostly rotten
> barrel. Is that not what ABC, CBS, CNN, FOX, NBC, PBS, and the rest
> do on the negative side? No good news ever from them!

Mr. Roubini, Please Take a Seat

You are right.- they fueled the remors & shorts. Now short coverers will pay the price,,,,


On Apr 27 01:09 PM Cetin Hakimoglu wrote:

> Markets surging yet again today, The higher the market rallies the
> more irrelevant Roubini and Krugman become to the public.

Mr. Roubini, Please Take a Seat

Good for you & shorters.


On Apr 26 02:08 PM Dave Wrixon wrote:

> Sorry, but I still have more inclination to listen to him that you.
> To quantify that a little much much much more!

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

Would you to put predecessors in jail? -Who are making lots of monies writing books & lecture circuit


On Apr 24 12:58 PM ArkansasAngie wrote:

> I'm thinking Bernanke needs to resign.
>
> And Geithner had better start answering questions or we might just
> have to impeach the SH.