distinguished fellow's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/35166/comments http://seekingalpha.com/article/178225-on-the-rare-earth-crisis-of-2009?source=feed#comment-807539 807539 Tue, 15 Dec 2009 20:27:13 -0500 http://seekingalpha.com/article/105999-why-i-couldn-t-ignore-ge?source=feed#comment-306566 306566 I am beginning to think O'Reiley is correct, i.e. that Immelt is ruining the company.
Bye, the Distinguished Fellow.]]> Sat, 15 Nov 2008 00:49:55 -0500 I am beginning to think O'Reiley is correct, i.e. that Immelt is ruining the company.
Bye, the Distinguished Fellow.]]> http://seekingalpha.com/article/106027-ge-s-dividend-assertion-is-dangerous?source=feed#comment-306563 306563 Seems to me GE's Immelt has sold off the real link for most people with GE : the appliance and lightbulb sector. I am very suspicious that Immelt did this to generate money to cover his fanny over crazy expenditures that were thought to be big fast money (such as securitized mortgage loans) makers to support the usual 2nd half 20thC profit sharing bonanza for the management!
Now i'm wondering if the move to tap the federal bailout pot is another management move to shore up 'winnings' so as to float more profit sharing bonanzae for upper management! I'm beginning to think O'Reilly is right when he says Immelt is ruining the company.
Bye, from the Distinguished Fellow.]]> Sat, 15 Nov 2008 00:44:59 -0500 Seems to me GE's Immelt has sold off the real link for most people with GE : the appliance and lightbulb sector. I am very suspicious that Immelt did this to generate money to cover his fanny over crazy expenditures that were thought to be big fast money (such as securitized mortgage loans) makers to support the usual 2nd half 20thC profit sharing bonanza for the management!
Now i'm wondering if the move to tap the federal bailout pot is another management move to shore up 'winnings' so as to float more profit sharing bonanzae for upper management! I'm beginning to think O'Reilly is right when he says Immelt is ruining the company.
Bye, from the Distinguished Fellow.]]> http://seekingalpha.com/article/84704-who-s-to-blame-for-indymac-s-failure?source=feed#comment-204215 204215
Since i never knew this material about Mr. Soros, i am once again impressed at how the U.S.media, especially that of television, fails to expose the likes of Soros the Schwartz. While we could all benefit from exposure of GOP cronies, it is most regretable and very serious that the media will do all it can to hide the Dem Cronies of DCLand. I also wish to remind people of the fun film using "the Schwarz" to play a take off on "The Force" of Star Wars fame.

Could we force the media to reveal more if we all begin to refer to him as Soros the Schwartz? That seems more fun than Schwartz Soros or The Schwartz Soros. Wonder what Billious the Bad would have to say here. Seems obvious to me if the media did not have Mr. Obama to highlight they'd be doing it for Mrs.Clinton. We do not have a truly objective clear headed media in America. They do not serve us well as they should. And they never ask "What's in it for Schumer?" They just automatically operate as if he were a good guy. Maybe it's time for SS to mean Soros & Schumer. That'd be a blast, er, I mean " a force."]]> Sun, 13 Jul 2008 10:23:35 -0400
Since i never knew this material about Mr. Soros, i am once again impressed at how the U.S.media, especially that of television, fails to expose the likes of Soros the Schwartz. While we could all benefit from exposure of GOP cronies, it is most regretable and very serious that the media will do all it can to hide the Dem Cronies of DCLand. I also wish to remind people of the fun film using "the Schwarz" to play a take off on "The Force" of Star Wars fame.

Could we force the media to reveal more if we all begin to refer to him as Soros the Schwartz? That seems more fun than Schwartz Soros or The Schwartz Soros. Wonder what Billious the Bad would have to say here. Seems obvious to me if the media did not have Mr. Obama to highlight they'd be doing it for Mrs.Clinton. We do not have a truly objective clear headed media in America. They do not serve us well as they should. And they never ask "What's in it for Schumer?" They just automatically operate as if he were a good guy. Maybe it's time for SS to mean Soros & Schumer. That'd be a blast, er, I mean " a force."]]> http://seekingalpha.com/article/81081-the-20-highest-yielding-dividend-aristocrats?source=feed#comment-185390 185390 Sat, 14 Jun 2008 02:14:30 -0400 http://seekingalpha.com/article/81077-is-pfizer-s-7-dividend-safe?source=feed#comment-184991 184991 Fri, 13 Jun 2008 11:25:05 -0400 http://seekingalpha.com/article/80533-eight-semi-picks-from-those-in-the-know-barron-s?source=feed#comment-181359 181359 Sun, 08 Jun 2008 13:26:53 -0400 http://seekingalpha.com/article/79252-amgen-investors-waiting-for-more-results-on-d-mab?source=feed#comment-175912 175912 The Doctor.]]> Thu, 29 May 2008 09:58:24 -0400 The Doctor.]]> http://seekingalpha.com/article/67629-banks-using-leverage-to-force-home-equity-repayments?source=feed#comment-123937 123937 "When HELOC securitizations reach a certain delinquency level, banks are no longer reimbursed for HELOC advances to borrowers."
Dr.LKR.]]> Sat, 08 Mar 2008 11:06:12 -0500 "When HELOC securitizations reach a certain delinquency level, banks are no longer reimbursed for HELOC advances to borrowers."
Dr.LKR.]]> http://seekingalpha.com/article/56596-some-straight-talk-on-the-mortgage-mess?source=feed#comment-104654 104654
Seems to me there are two basic problems underlying the mortgage mess. 1) people, such as mortgage brokers, who lied when filling out the related paperwork, and 2) a combined failure of good sense and prudent banking principles.

Herb Greenberg's inclusion of Mr. Mark Hanson's descriptions gives the best yet revelation of how the banking systems failed to use both good sense and prudent banking principles, and it is the first for me at revealing how borrowers who had good money and good value in their homes may not have used good sense in the amount of money they borrowed and / or may not have used good sense in how they used that money. E.g., if they took most of that money and spent it on vacation travel or bot expensive cars or invested in securities such as CFC or IMB, (and failed to sell them when these securities did their bonanza run up) they may suffer in making good on their mortgage loans. If they invested in PG or BA back in 2003 or 04, they can sell those at a profit and pay off those loans. For those who plowed the money into home remodelings and refurnishings, (as apparently happened on Long Island) and incurred greater property tax bills, it remains to be seen what will happen there. All this i've described relates to people who had a good financial position and availed themselves of the results of the FOMC's low interest rates for several years of the 2000's. (As i see it no one in good conscience can blame any of this on the FOMC as some talking heads have done on tv.)

My reading of Sec. of Treasury's WSJ article of Dec.7/07 is that certain subprime borrowers who have managed to continue their payments (I here assume this means payment of principle and interest, as in the good old fashioned fixed rate 30yr mortgages prior to ARM's being invented by the mortagage and banking industry.) in the period of time before the ARMs kick in are to be the ones who will benefit from efforts described as "The government is uniquely positioned to help avoid unnecessary defaults."

This makes sense to me as it appears to relate to enabling certain people to remain in "their" homes, continue to pay at a rate the mortgage industry sanctioned, and develop another batch of American home owners rather than increase the number of people living in "public housing." There is societal, indeed even conservative, value here. The mortgage and banking industry 'thunked' up these tactics and marketed them; they should bear most of the 'costs;' I as i read it Sec. Paulson's article mainly doesn't relate to most of the costs.

This should be able to be done with out the U.S. Treasury bailing out Freddie Mac or FNMA.
Best wishes to all, Dr. L.K.Richards, m.d., d.l.f.a.p.a.]]> Sun, 09 Dec 2007 09:06:08 -0500
Seems to me there are two basic problems underlying the mortgage mess. 1) people, such as mortgage brokers, who lied when filling out the related paperwork, and 2) a combined failure of good sense and prudent banking principles.

Herb Greenberg's inclusion of Mr. Mark Hanson's descriptions gives the best yet revelation of how the banking systems failed to use both good sense and prudent banking principles, and it is the first for me at revealing how borrowers who had good money and good value in their homes may not have used good sense in the amount of money they borrowed and / or may not have used good sense in how they used that money. E.g., if they took most of that money and spent it on vacation travel or bot expensive cars or invested in securities such as CFC or IMB, (and failed to sell them when these securities did their bonanza run up) they may suffer in making good on their mortgage loans. If they invested in PG or BA back in 2003 or 04, they can sell those at a profit and pay off those loans. For those who plowed the money into home remodelings and refurnishings, (as apparently happened on Long Island) and incurred greater property tax bills, it remains to be seen what will happen there. All this i've described relates to people who had a good financial position and availed themselves of the results of the FOMC's low interest rates for several years of the 2000's. (As i see it no one in good conscience can blame any of this on the FOMC as some talking heads have done on tv.)

My reading of Sec. of Treasury's WSJ article of Dec.7/07 is that certain subprime borrowers who have managed to continue their payments (I here assume this means payment of principle and interest, as in the good old fashioned fixed rate 30yr mortgages prior to ARM's being invented by the mortagage and banking industry.) in the period of time before the ARMs kick in are to be the ones who will benefit from efforts described as "The government is uniquely positioned to help avoid unnecessary defaults."

This makes sense to me as it appears to relate to enabling certain people to remain in "their" homes, continue to pay at a rate the mortgage industry sanctioned, and develop another batch of American home owners rather than increase the number of people living in "public housing." There is societal, indeed even conservative, value here. The mortgage and banking industry 'thunked' up these tactics and marketed them; they should bear most of the 'costs;' I as i read it Sec. Paulson's article mainly doesn't relate to most of the costs.

This should be able to be done with out the U.S. Treasury bailing out Freddie Mac or FNMA.
Best wishes to all, Dr. L.K.Richards, m.d., d.l.f.a.p.a.]]> http://seekingalpha.com/article/32657-a-few-lessons-from-exubera?source=feed#comment-84463 84463 Wed, 18 Apr 2007 10:43:24 -0400