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bbro

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  • The yield curve has steepened so much in the past few weeks that it's definitely good news for banks - and that's not all that's going right for them. Loan growth is up, mortgage write-offs are stabilizing; maybe it's time to look at banking stocks again.  [View news story]
    BAC went from 19 to 11 because of dilution,finreg,slower recovery,and
    lastly ( and the one that moved it from 15 to 11) putback issues...also
    it doesn't help when hedgers want to offset a long BAC is one of the
    desired shorts...all that being said it does trade 2.82 times preprovision earnings
    when normal is 5 times....so ya take your chances....
    Dec 18, 2010. 08:39 AM | 3 Likes Like |Link to Comment
  • Bank failures in Georgia, Arkansas and Minnesota bring the 2010 tally of failed banks to 157, at a combined esimated cost to the Deposit Insurance Fund of $102M.  [View news story]
    www.lpsvcs.com/NewsRoo...

    Page 25
    Dec 18, 2010. 08:21 AM | 1 Like Like |Link to Comment
  • Jeff Gundlach paints a frightening picture of massive U.S. problems: chart after scary chart of mounting debt, a declining dollar, and a wrecked economy. If you want any sleep tonight, better not read this.  [View news story]
    All Ron Paul knows is delivering babies....
    Dec 18, 2010. 08:10 AM | 2 Likes Like |Link to Comment
  • Bank failures in Georgia, Arkansas and Minnesota bring the 2010 tally of failed banks to 157, at a combined esimated cost to the Deposit Insurance Fund of $102M.  [View news story]
    You know the cancer of 2005-2007 loans can last only so long....
    Dec 18, 2010. 07:51 AM | 2 Likes Like |Link to Comment
  • Bank failures in Georgia, Arkansas and Minnesota bring the 2010 tally of failed banks to 157, at a combined esimated cost to the Deposit Insurance Fund of $102M.  [View news story]
    Or the number of bank failures to date in 2010 are 2.4% of the total...
    Dec 18, 2010. 07:50 AM | 2 Likes Like |Link to Comment
  • Bank failures in Georgia, Arkansas and Minnesota bring the 2010 tally of failed banks to 157, at a combined esimated cost to the Deposit Insurance Fund of $102M.  [View news story]
    There are 6,622 banks....
    Dec 18, 2010. 06:58 AM | 3 Likes Like |Link to Comment
  • Bank of America (BAC +0.8%) and Citigroup (C +1.3%) are poised to be “two of the stars” in fixed-income markets next year, Pimco's Mark Kiesel says, expecting a rally in U.S. bank debt in 2011. U.S. corporate borrowers will benefit as the economy accelerates following the agreement to extend tax cuts, he says.  [View news story]
    words....
    Dec 18, 2010. 06:34 AM | Likes Like |Link to Comment
  • The Cost of Bailing Out Frannie [View article]
    have a donut....
    Dec 18, 2010. 05:27 AM | 1 Like Like |Link to Comment
  • Jeff Gundlach paints a frightening picture of massive U.S. problems: chart after scary chart of mounting debt, a declining dollar, and a wrecked economy. If you want any sleep tonight, better not read this.  [View news story]
    Gundlach is a very bright guy...why doesn't he include a discussion
    of debt service???? Debt is balance sheet....GDP is annual income...
    Often times you have to ask yourself what is their agenda??...he wants
    you to buy his bond fund..hmmmmmmmmm
    Dec 18, 2010. 04:33 AM | 3 Likes Like |Link to Comment
  • Bank of America (BAC +0.8%) and Citigroup (C +1.3%) are poised to be “two of the stars” in fixed-income markets next year, Pimco's Mark Kiesel says, expecting a rally in U.S. bank debt in 2011. U.S. corporate borrowers will benefit as the economy accelerates following the agreement to extend tax cuts, he says.  [View news story]
    Bank of America plans to reduce their long term debt by 15 to 20% over the next year...

    phx.corporate-ir.net/E...

    Page 9
    Dec 17, 2010. 10:39 AM | Likes Like |Link to Comment
  • "After an 86% gain in 21 months the market looks overbought, overextended and overvalued," Comstock Partners says. Although the combination of QE2 and the tax-cut compromise is being touted as the great elixir that will spur economic growth, PragCap believes that growth will be "subdued and temporary."  [View news story]
    Hope this means we get a 3 to 5% correction....
    Dec 17, 2010. 10:19 AM | Likes Like |Link to Comment
  • "After an 86% gain in 21 months the market looks overbought, overextended and overvalued," Comstock Partners says. Although the combination of QE2 and the tax-cut compromise is being touted as the great elixir that will spur economic growth, PragCap believes that growth will be "subdued and temporary."  [View news story]
    Sounds like Hussman at work....worry if Baa yield goes above 7.00%....
    Dec 17, 2010. 09:12 AM | 1 Like Like |Link to Comment
  • RMBS Loss Severities to Rise 5-10% on Rising Costs and Weakening Home Values [View article]
    I have read the defaults ( while not decreasing)are becomimg less of the 06-07 vintage which is
    where the biggest losses lie....

    www.lpsvcs.com/NewsRoo...

    Page 25
    Dec 17, 2010. 08:32 AM | Likes Like |Link to Comment
  • The Cost of Bailing Out Frannie [View article]
    Obesity costs 150 billion a year...and yet Sarah Palin thinks we have
    constitutional right to get fat and let someone else pay for it.....so
    cost of Frannie is just one year of fatness....
    Dec 17, 2010. 08:28 AM | 4 Likes Like |Link to Comment
  • BMO Financial (BMO) to acquire U.S. banker Marshall & Ilsley (MI) in an all-stock transaction worth about $4.1B, or $7.75 per MI share - a premium of about 29%. MI owns 374 U.S. branches, which will more than double BMO's U.S. presence. MI +29% premarket. (PR)  [View news story]
    Looks like BMO paid 5.5 times pre provision earnings....BAC
    trades 2.8...JPM trades 3.8 times...
    Dec 17, 2010. 08:18 AM | Likes Like |Link to Comment
COMMENTS STATS
10,707 Comments
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