Alex1937

BofA, Wells Fargo: No Equity After Accounting for Bad Loans

Darn, i forgot something. Does anyone know whether any managers of these insolvent banks traded short their own company stock. I would not put it past them ... and wish that the regulatory agencies looked into that. Would be real interesting.

BofA, Wells Fargo: No Equity After Accounting for Bad Loans

i think that managment of these enterprices, like the banks, car manufactureres, investment houses... should return all the money they were paid, but not earned, the last few years. Most all of them have been paid on fathom income that just was never there, but a creation of slick accountants. This crisis could (and should) have started way back, perhaps as far as 2000. Most of us were afraid then of the looming computer threat, when it was the unscrupulous COs of our nation we should have been afraid of. This is going to get real ugly. Even if President Obama had the help of ten brothers, he would not be able get the country out of this mess. God help these United States...!

Say No to the Auto Industry Beggars

Why shouldn't GM get a piece of the action. After all, the very scoundrels that brought this mess about, got it. Then let us all sue the present Administration (maybe the next one too), Wall Street, the banks and the Fed and The Treasury people, no less. We could even add the uncaring and/or stupid crowd on Capitol Hill, who, it seems, greatly excacerbated the problem. Oh darn, I almost forgot the Regulatory Agencies (Moody and the SEC). These people made the USA a laughing clown the world over. America, get used to it. The days of being a Superpower are over, for good. Argentina, here I come.

Say No to the Auto Industry Beggars

Why shouldn't GM get a piece of the action. After all, the very scoundrels that caused all this, in the first place, got it. And then some. Then let us all sue the present Administration (maybe even the next one), for deriliction of duty. Then add all the Wall Street crooks, the banks (that engaged in neferious practices as well) and the Fed and the Treasury. And lets not forget those Regulatory bozos (Moody S and Poor and the SEC). Of course, some might want to add even the crowd on Capitol Hill, for their part, or lack there of. These people made the USA a laughing clown the world over. America, get used to it. The days being the num.1 Superpower are over, for good. Argentina, here I come.