jeandit75

Will the Market Crash?

I'm tired of reading these negative articles while seeing stock prices surge. The market will drop once the greatest short coverage of all time is done.

Forget the 1930s; We're Reliving 1975 (Part 1)

You have no idea what you're talking about. This is a depression. The inflation is just pure speculation. How can we go from a near collaps back in March to hyper inlation. Come on. Somethig just does not fit here.

Bill Miller vs. Meredith Whitney - Why They're Both Right

"Bill Miller vs. Meredith Whitney - Why They're Both Right "

Andrew, we don't care the past...we care bout future.

Whitney should win

'Problem Banks' Soar as FDIC Tries to Ignore Problem

and TED spreads starting to spike again!

Citigroup Subjected to the Comfy Chair

Let's be more precise please, Citi will raise $10 bn for now, then $20 bn next summer, then $40 bn by X-MAS at witch time they will 100% be owned by the govenrment. The american people (the tax payers - for those who still have a job) will pay for Citi's debt debacle (as for other major banks) for the next century.

Bank Stress Tests: Is Everybody Confused Yet?

Confused? No
Amused, amazed, disgussed, afraid? YES

Wall Street Breakfast: Must-Know News

RE: Six banks fall short on capital.

Why should we care? The market wants to go up. Who cares that we are getting manipulated by the FED and the US treasury? Just keep buying. What a crappy market!

Can Recent Bank Earnings Be Trusted?

NO

Most of 19 Banks Passed the Stress Test

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

dreamon The Good News Economist!

Citigroup: Levitate Above the Frenzy

The author is wishiong he is right. C is currently insolvent and will be the government's belonging before long. Prepare to get massively diluted. Too big to fail is not true for shareholders.

FAS 157: Let the Tweaking Begin

M2M rules are a non sense for the real economy. We need a compromise between fair value accounting and real business conditions. The current business conditions will not remain the way the are forever. We are in a severe recession. Recessions are ALWAYS followed by up cycles. Why then should we markt asset prices to 0 just because they are illiqs. These assets that are so-called toxic assets or non-performing loans will see a some liquidity back wen normal business conditions come back. So for that simple reason we should assign them a value that is somewhere below acquisition cost but certainly not 0. Now, we are all cirticizing banks because they are not lending to the small corporations in America. The corporations that would normally survive the crisis if they only could get a temporary load. Well, its the same for the banks! Stopping M2M is like providing them a loan. It will have them stop marking down assets so they can start to lend money to the needing ones again.

Accounting Rule Changes Creating False Rally in Financials

Keep shorting XLF my friend, I'll buy your supply of sotcks. You have to understand that a temporary end to the M2M will stop the bleeding of banks. It means they can stop marking assets down and don't need capital injections anymore. It will stabilize the system for awhile. It will help them breathe and move to start doing business again. The real economy needs the banks to function well. Theses shares are currently climbing a wall of worry. What is interesting for me is people like you are still not believers. Once you start to understand the benefits of the change of those crazy accounting rules, people like me will have made a ton of money buying banks. Now, this does not mean that it is the end of the problems for banks. The credit outlook remains gloomy. But at least, banks will now have some flexibility to adjust to the environment instead of having to beg for capital from the government. For that simple reason, bank and insurance shares are due for a massive bear market rally.

Mark-to-Market Marches Towards Extinction

Let's thnik about the M2M implications for a minute. Is it better to have accounting transparency or survive what can turn out to be the worst ever financial crisis? I think I know the answer. Let's temporary end this M2M to let the banks breathe a little bit. This will allow them to start lending money to the mid and small corporations that are dying these days. This is the only way to have the money circulating again. Wake up everybody. There are too much accountants out there trying to rule the financial world. Be more practical. We need the banks to function well again.

As Bank Industry Analysts Lose Jobs, Serious Blogs Take the Forefront

Reggie, I could not agree more. There is a real need for independent and "forward looking" research. There is too much bullshit being reported by sell-siders anyway. Just take a look at GE for example. Recently the Barclays analysts suggested we should call the Paulson TARP plan the "GE plan" as he believed it was the end of the conglomerate problems. Today, too many sell-siders just repeat what they hear on conf calls and don't even try to model companies. All they do is try to match management's guidance. I'll stop it here. You get the point.