Wreckdiver

PMI: Actually a Decent Number

Your first positive missive in a long while. I agree. The UK bank clean up has created a lot of short term negative pressure which overshadows this, but the good news is the UK is addressing it.

Credit Suisse's Charter Should Be Revoked

This is a criminal action. Credit Suisse Executives are Criminals and should be thrown in jail for 20 years.

Capacity's Comeback Strongly Indicates Recession's End

Couple this manufacturing capacity indicator with the S&P 500 turning above the 200 day moving average recently and I agree we are on the way up.

Cramer's Mad Money - The System Has Been Saved (9/14/09)

I agree with ultrabrowser- Cramer blows in the wind and is really an entertainer not an analyst.

Having said that, BA is a solid investment even with the 787 issue. There really are few, if any companies in the world with their high technology manufacturing expertise. For those of you who think America has lost that capability, think again with Boeing and be pround they are a self-sufficient US company.

Disclosure- no position in BA, long NOC.

The World’s 25 Most Profitable Banks in 2008

BCS Preferred Stock is an excellent buy.

Citigroup Is Too Important to Fail, Which Is Why It's a Great Long Term Investment

I thought WaMu was too big to fail and it would certainly be bought by JPM. It was- but for pennies, not the $6 I paid for it. The same will likely happen to C. They are broke.

U.S. Big Banks: Survival of the Simplest

Excellent commentary. I agree particularly with killing C.

Seven Uncomfortable Predictions for the Economy

Yes, agree as well. I think the biggest surprise will be the unexpected rise in crime particularly theft. Time to be less conspicuous and lock the doors. There will be less empathy as well for those that were robbed.

Wall Street Breakfast: Must-Know News

RE: Madoff - This is pretty drastic, someone's got good friends in congress. Now all of us get to share losses from Madoffs theft.


What about the rest of us with capital losses? We cant afford these kind of tax breaks unless they apply broadly and stimulate investment like reduction in capital gains.

Greenspan Yet Again Blames Others for Housing Bubble

While we can deride his comments, which on the surface appear to be self serving, let us digest the real nuggets here which bear the truth. We must be aware that the destruction of our industrial base is perhaps the most significant factor. I have always bought domestic autos but the flood of cheap imports of all types have killed the industrial base. It will take a generation to rebuild it-if it even can be done. Greenspan hits it directly here-we must create value.
"the U.S. economy grew ridiculously distorted over time, channeling the world’s savings towards our consumption, leaving the country bereft of productive capacity. Housing is not productive, but consumptive."

Why Exxon Will Keep Profiting as Oil Prices Slump

Agree, we have seen XOM hold steady through high and low oil prices. The cash flow is extraordinary. They will continue to be a bedrock holding.

Rating the Top 12 U.S. Banks - From Hidden Gems to Zombies

Martin,
Excellent job. This was the must lucid, suscinct analysis of the major banks I have seen yet. I could only hope the Treasury Secretary could be as clear when dispensing Tarp money.

Any comment on Barclays?