Seeking Alpha

conceptwizard » Comments » AMD

  • Wall Street Breakfast: Must-Know News [View article]
    What he said was the following

    "Currently, the vast majority of banks have more capital than they need to be considered well capitalized by their regulators".

    He did not say that the vast majority of the 19 banks that are being stress tested are well capitalized.

    It is true that the smaller banks that represent 15% of the banking industry are probably well captialized. However it still remains to be seen if those 19 banks that make up 85% of the pie are well capitilized. IMF says there is 2.7 trillion of losses yet. The bank says they are fine. Treasuries says they are fine but hide the stress results, and they require more money to back stop the banks. If the banks require more tax payer dollars THEY ARE NOT SOLVENT.
    I do not believe TIM G and the indirect approach he takes to a direct question.
    Apr 22 11:11 am |Rating: +3 0 |Link to Comment
More on AMD by conceptwizard
Comments by Ticker
AA, AAI, AAPL, AAXJ, ABT, ABX, ACH, ACWI, ADE, ADP, AEM, AEO, AFF, AFL, AGG, AHCHF.PK, AIA, AIB, AIG, AIG.PA, AIQ, ALTR, AMB, AMD, AMP, AMR, AMZN, AN, ANF, ANZ, APA, APD, APP, APWR, ARO, ASIA, AUTNF.PK, AVB, AXP, AXPW.OB, AZN, BA, BAC, BAL, BBBY, BBY, BCS, BDD, BGZ, BHP,
conceptwizard's
Comments Stats
1094 comments
Rating: 3691 (4889 - 1198 )