Four Stocks Whose Nationalization Won’t Affect Stock Indexes Too Much [View article]
There is so much irresponsibility in what is written. For news effects, the word "nationalism " keeps being used. Nationalism means that all stock holders are going to lose all their investment BAC= $25 Billion loss.. When that happens the short sellers will take the next bank to 0 and so on. I wish that "the short sellers" would stop the BS. This is fraud ...and you as a writer are off my list no matter what you write.
Thain's Undoing: Thinking He's Worth It [View article]
Such a lot of bull from probably guys that have so little sense. To have a $1mm office is necessary to have a Shah for a client. We are talking about billion dollar accounts. As to the bonases, what do you think BofA bought. I'll tell you. They bought the smartest..best trained people in the world of finance. Don't you understand. This money was spent to keep them at Merrill. Much of the so called money was stock options which have no real value until the stock is higher. And as far a BofA is concerned, to have this expense on Merrill's books is better than on Bof A books. And sometime, all you smart people, think what would have happened if Merrill had not combined with BofA. ..Merrill stockholder's would have lost billions. Thank you John Thain. BofA has tried for years to buy Merrill. Now they have it and with any luck the future will improve and BofA will be the biggest and the best.It will take time As to John Thain, he boarded a sinking ship. O'Neil had fed the appititte of the greed on Wall Street. When the good mortgages had been packaged and sold , Wall Street demanded more product and with the help of people like Rubin and Clinton, the standards were lowered to get all these people who hadn't saved a nickel into their dream homes. As well as to get everyone a credit card for every occasion. We all are to blame for the mess....not John Thain. Give him a break!
BofA: No More 'Typical' Wall Street Pay at Merrill [View article]
No one was responsible for the great Wall Street Crash. No one engineered the speculation that preceded it. Both were the product of the free choice and decisions of thousands of individuals. The latter were not led to the slaughter. They were impelled to it by the seminal lunacy which has always seized people who are seized in turn with the notion that they can become very rich.
BofA: No More 'Typical' Wall Street Pay at Merrill [View article]
Its almost amusing to read all this total garbage, Obviuosly most of your writers are trash collectors etc. Good brokers are probably as educated as lawyers. They are highly schooled and do give good advise. Granted they are not privy to what goes on in exectutive meetings and unfortuately do receive and act on bad information. However....they are honest and can not be blamed for all the public excesses and unfortunate lack of any spending habits. Buy everything today and pay tomorrow. Look as good as your neighbor who makes twice what you do. etc etc. Don't blame broker's for the economy. Lastly, the best brokers have always gone to Merrill, and Goldman....because their clients insisted in haveing the best! This still applies.!
Come on guys and Phillip. To say that it is illegal to make money on a stock going down is rediculous. Sell it and buy it back in the future. Or you are speaking about HF1 and HF2 saying" Lets short at 2:30 1MM shares each. They don't own it or they haven't bothered to borrow it since the SEC doesn"t enforce the rules. This isn't "making money when the stock goes down" this is shear driving the price down. Of course the big money paid whom ever in Washington to do away with the up-tick rule. When are the hedge funds going to have some rules. Its time.
I read with great interest many of these comments, some are by frenzied investors, some by knowlegable investors. The above comment in Phillips interesting piece about the short sale rule that makes it illegal to make money when stocks go down. The old fashioned way was to sell the stock. When sellers out number buyers, the stock goes down. Then buy it back. Short selling the way it used to be before the extreme amount of cash was paid by the hedge funds to have the up-tick rule done away with. That added to the SEC that refused to make these same groups borrow stock to short , before shorting. Here is my picture. HF A says to HF B ,lets short the hell out of LEH today starting at 2:30. HF A and HF B each short 1MM shares at 2:30. They don't own it nor did they borrow it. !0-15 days later or sooner they buy it back. That is phantom stock. Of corse the reality is that when the public sees it , they panic and the shock goes lower. Each days this is done over and over again. ie LEH 40 to 3 . The SEC is at fault. They must be replaced. And in parting, for the government to perhaps spend 500B now is peanuts compared to what the total cost would have been if they hadn't!
Four Stocks Whose Nationalization Won’t Affect Stock Indexes Too Much [View article]
This is fraud ...and you as a writer are off my list no matter what you write.
JPMorgan Cuts Dividend, Which Bank is Next? [View article]
All banks that recieved TARP will reduce dividends
Thain's Undoing: Thinking He's Worth It [View article]
As to the bonases, what do you think BofA bought. I'll tell you. They bought the smartest..best trained people in the world of finance. Don't you understand. This money was spent to keep them at Merrill. Much of the so called money was stock options which have no real value until the stock is higher.
And as far a BofA is concerned, to have this expense on Merrill's books is better than on Bof A books.
And sometime, all you smart people, think what would have happened if Merrill had not combined with BofA. ..Merrill stockholder's would have lost billions. Thank you John Thain. BofA has tried for years to buy Merrill. Now they have it and with any luck the future will improve and BofA will be the biggest and the best.It will take time
As to John Thain, he boarded a sinking ship. O'Neil had fed the appititte of the greed on Wall Street. When the good mortgages had been packaged and sold , Wall Street demanded more product and with the help of people like Rubin and Clinton, the standards were lowered to get all these people who hadn't saved a nickel into their dream homes. As well as to get everyone a credit card for every occasion. We all are to blame for the mess....not John Thain. Give him a break!
Dow Price Targets [View article]
BofA: No More 'Typical' Wall Street Pay at Merrill [View article]
BofA: No More 'Typical' Wall Street Pay at Merrill [View article]
Lastly, the best brokers have always gone to Merrill, and Goldman....because their clients insisted in haveing the best! This still applies.!
Options Trader: Friday Outlook [View article]
Its time.
Options Trader: Friday Outlook [View article]
The above comment in Phillips interesting piece about the short sale rule that makes it illegal to make money when stocks go down. The old fashioned way was to sell the stock. When sellers out number buyers, the stock goes down. Then buy it back. Short selling the way it used to be before the extreme amount of cash was paid by the hedge funds to have the up-tick rule done away with. That added to the SEC that refused to make these same groups borrow stock to short , before shorting. Here is my picture. HF A says to HF B ,lets short the hell out of LEH today starting at 2:30. HF A and HF B each short 1MM shares at 2:30. They don't own it nor did they borrow it. !0-15 days later or sooner they buy it back. That is phantom stock. Of corse the reality is that when the public sees it , they panic and the shock goes lower. Each days this is done over and over again. ie LEH 40 to 3 .
The SEC is at fault. They must be replaced.
And in parting, for the government to perhaps spend 500B now is peanuts compared to what the total cost would have been if they hadn't!