Is It Finally the End of the Bear Market? [View article]
Economy is getting weaker as GDP and unemployment head into the double digits. Washington is pursing many of the same policies that contributed to the great depression.
Folks need to simply learn to live within their means.
I know it's unpopular to say, but Dow 5000s still a lock.
Nationalization or some derivative of it has sure looked inevitable for at least the past 6 months now. The only question seems to be how many trillions of taxpayer dollar is the government going to throw at the problem first.
Cuomo Pitting Thain vs. Lewis: One of Them Will be in Big (Legal) Trouble [View article]
Thus far, it's been truly amazing at everything the ultra-rich who ran these companies into the ground have been getting away with. Most likely, we just get more of the same.
Guaranteeing Bank Stock Prices Is Not the Answer [View article]
Wow, another stupid idea is which the taxpayers get stuck with bill. The shorts will pile on with both fists if such a poorly though-out situation presents itself.
The economy is coming off a 25 year credit bubble! The government may be able implement some programs to alleviate some of the pain but the bubble will pop - they ALL do!
Just nationalize the banks already -we already know nationalization - or some derivative of it - is coming.
Financial Stocks: Playing the Mark-to-Market Suspension [View article]
While I and many other would agree that the news of suspending M2M would lead to a bear market rally, it would, most likely, be a temporal pop that would ultimately get sold.
The fact remains that bad loans were made and that it will take years to work them off.
Instituting fresh, competent management that is capable of thinking farther out than just the next quarter would be a good move, too, in my opinion. You don't loan your car to the drunkard who just wrecked his....actions must have attendant consequences.
Is It Finally the End of the Bear Market? [View article]
Folks need to simply learn to live within their means.
I know it's unpopular to say, but Dow 5000s still a lock.
The Economy, And Why It's Taking So Long to Fix It [View article]
Privatize the Banks, Already [View article]
Cuomo Pitting Thain vs. Lewis: One of Them Will be in Big (Legal) Trouble [View article]
Guaranteeing Bank Stock Prices Is Not the Answer [View article]
The economy is coming off a 25 year credit bubble! The government may be able implement some programs to alleviate some of the pain but the bubble will pop - they ALL do!
Just nationalize the banks already -we already know nationalization - or some derivative of it - is coming.
Eight Reasons Bank of America Is Going to $20 [View article]
See you $20? LOL
See you at twenty CENTS!
Financial Stocks: Playing the Mark-to-Market Suspension [View article]
The fact remains that bad loans were made and that it will take years to work them off.
Instituting fresh, competent management that is capable of thinking farther out than just the next quarter would be a good move, too, in my opinion. You don't loan your car to the drunkard who just wrecked his....actions must have attendant consequences.
Nationalizing the U.S. Banking Sector: There's No Choice [View article]
The sector needs leadership with vision and a strategy that doesn't remain solely focused on only one quarter.