More Americans now work for the government than in construction, farming, fishing, forestry, manufacturing, mining and utilities - combined. Stephen Moore: "We have moved decisively from a nation of makers to a nation of takers." [View news story]
Think regular mail. like letters. where the USPS will go to a rural address 6 days a week. It might take 2 hours to visit 6 houses, FedEX and UPS will only go there if they order from Amazon. they will go to the one house that ordered and they will get paid by Amazon.
Its really not fair playing field. Could the USPS be more efficient? No doubt. But its not fair to attribute their entire operating loss to them
That is not what he says at all. He says the government came in at a time of crisis and helped manage the United States back from the brink of destruction.
Now did he make a lot of money - yes. Is the United States setting itself up for a future crisis - maybe
That hate coming from your comments seem to be from jealousy.
Ford Doubles Down On Its Dividend - But Is It A Smart Buy? [View article]
I would guess inexperienced writer. Not a lot of analysis and the one thing that matters...cash (for a dividend writer) was actually put behind market share (which anyone who follows the car industry or any industry, knows is completely worthless).
Amid conjecture that GM may be sliding to a second bankruptcy, Ford (F) didn't ask for government help and its stock has suffered as a result. "If I was a Ford shareholder, I would be mad about GM's taxpayer funded bailout," Robert Weinstein writes, but "I would be livid about owning a stock knowing that my taxpayer money was used to depress my stock price." [View news story]
LOL. Yes and ever teacher caught molesting children and receiving a slap on the wrist love the teacher's union. Doesn't make education better
Why low volume actually is bullish, according to Ryan Detrick: Total-dollar volume is higher now than in the 2003-07 bull market, so how can bears say lower share volume is bearish? "As long as volume stays low and bears use it as ammunition for lower prices, just smile and nod your head, knowing this isn't true." [View news story]
He makes some really great and interesting points. I also think its silly to compare volume now to the bubble days of 2007 and the bottom of 2009.
And his point on high priced stocks seems to resonate with retail investors. I'm sure volume would skyrocket in names like aapl if they did a 10-1 split
If you think Jamie Dimon (JPM) can't end up like Barclays' Bob Diamond, think again, says Jonathan Weil. The fact that JPMorgan only decided on Thursday to restate Q1 results shows that Dimon still hadn't grasped how internal controls are failing him and the company. [View news story]
Seriously a $4 billion dollar loss on a hedge for a $350 billion credit portfolio? Yes yes yes.. fire Jamie...put the intern in charge
Just how many billion-dollar Merrill Lynch financial advisor teams can Bank of America (BAC) afford to lose? Last week, a Merrill team left and took its $1.4B in client assets with them, the latest in a string of departing producers who found doing business at BofA became impossible. Some veteran brokers say the push to get brokers to sell banking products risks serious damage to the business. [View news story]
They are not bankers. They are financial advisors who happen to work for a bank. They are moving to wirehouse where most financial advisors like being anyways.
They don't want to sell banking products because they don't earn any commissions on banking products.
And "bankers" typically don't speculate on oil. Traders do.
The Obama administration says it will release withheld incentive payments to JPMorgan (JPM) and Bank of America (BAC) as their performance in the Making Home Affordable Program has improved. The two lenders were previously under double-secret probation for their poor practices in this area. [View news story]
Don't Hold Your Breath For BofA Shares To Spike [View article]
I don't think he is making that argument. He is just stating the level 3 vs. level 1 is no indication of quality. The only indication is readily available market prices
Sirius XM Sells Howard Stern And Shareholders Short [View article]
Here is my opinion and just my opinion.
As an 18-34 year old, I think the comparison Rocco makes between AM and SIRI is valid.
Pandora doesn't have an advantage over AM or FM radio because where they congregate (the internet) because all three can be found and listened to on the internet.
These three have an advantage over SIRI because you don't have to pay a monthly subscription...Period.
To everyone who keeps making the argument that SIRI is getting their own "content" probably isn't an 18-34 year old
JP Morgan (JPM) plans to next year issue mortgage-backed securities supported by defaulted loans that it bought from EU and other financial institutions, the WSJ reports. The move would revive a practice that regulators used in the early 1990s to solve a savings and loan crisis. [View news story]
JP Morgan (JPM) plans to next year issue mortgage-backed securities supported by defaulted loans that it bought from EU and other financial institutions, the WSJ reports. The move would revive a practice that regulators used in the early 1990s to solve a savings and loan crisis. [View news story]
What is wrong with this? Why the comment "bankers truly rule the world"?
This seems like the smart thing to do for all parties involved. Similar to credit card companies selling their noncollectable accounts to debt collection companies
If you've ever doubted whether Bank of America (BAC) is in serious trouble, this development should settle it, says Naked Capitalism's Yves Smith. In a move to reduce the bank's holding company exposure, it recently moved a large tranche of its worst performing derivatives from its Merrill Lynch unit to a subsidiary flush with taxpayer insured deposits. The Fed has signaled it favors the move, but the FDIC, which will have to pay off depositors in the event of a bank failure, objects. [View news story]
You are right to be mad about Fannie, Freddie and AIG but that doesn't mean BAC hasn't paid back their TARP money which is what my reply was about to an earlier poster.
More Americans now work for the government than in construction, farming, fishing, forestry, manufacturing, mining and utilities - combined. Stephen Moore: "We have moved decisively from a nation of makers to a nation of takers." [View news story]
Its really not fair playing field. Could the USPS be more efficient? No doubt. But its not fair to attribute their entire operating loss to them
Buying Gold and Silver in the Dips [View article]
Using the NYT as his soapbox, Warren Buffett pens a thank you letter to the U.S. government. It makes for an interesting read. [View news story]
Using the NYT as his soapbox, Warren Buffett pens a thank you letter to the U.S. government. It makes for an interesting read. [View news story]
Now did he make a lot of money - yes. Is the United States setting itself up for a future crisis - maybe
That hate coming from your comments seem to be from jealousy.
Ford Doubles Down On Its Dividend - But Is It A Smart Buy? [View article]
Amid conjecture that GM may be sliding to a second bankruptcy, Ford (F) didn't ask for government help and its stock has suffered as a result. "If I was a Ford shareholder, I would be mad about GM's taxpayer funded bailout," Robert Weinstein writes, but "I would be livid about owning a stock knowing that my taxpayer money was used to depress my stock price." [View news story]
Why low volume actually is bullish, according to Ryan Detrick: Total-dollar volume is higher now than in the 2003-07 bull market, so how can bears say lower share volume is bearish? "As long as volume stays low and bears use it as ammunition for lower prices, just smile and nod your head, knowing this isn't true." [View news story]
And his point on high priced stocks seems to resonate with retail investors. I'm sure volume would skyrocket in names like aapl if they did a 10-1 split
If you think Jamie Dimon (JPM) can't end up like Barclays' Bob Diamond, think again, says Jonathan Weil. The fact that JPMorgan only decided on Thursday to restate Q1 results shows that Dimon still hadn't grasped how internal controls are failing him and the company. [View news story]
buck stops here!!! lol
Just how many billion-dollar Merrill Lynch financial advisor teams can Bank of America (BAC) afford to lose? Last week, a Merrill team left and took its $1.4B in client assets with them, the latest in a string of departing producers who found doing business at BofA became impossible. Some veteran brokers say the push to get brokers to sell banking products risks serious damage to the business. [View news story]
They don't want to sell banking products because they don't earn any commissions on banking products.
And "bankers" typically don't speculate on oil. Traders do.
The Obama administration says it will release withheld incentive payments to JPMorgan (JPM) and Bank of America (BAC) as their performance in the Making Home Affordable Program has improved. The two lenders were previously under double-secret probation for their poor practices in this area. [View news story]
Don't Hold Your Breath For BofA Shares To Spike [View article]
Sirius XM Sells Howard Stern And Shareholders Short [View article]
As an 18-34 year old, I think the comparison Rocco makes between AM and SIRI is valid.
Pandora doesn't have an advantage over AM or FM radio because where they congregate (the internet) because all three can be found and listened to on the internet.
These three have an advantage over SIRI because you don't have to pay a monthly subscription...Period.
To everyone who keeps making the argument that SIRI is getting their own "content" probably isn't an 18-34 year old
JP Morgan (JPM) plans to next year issue mortgage-backed securities supported by defaulted loans that it bought from EU and other financial institutions, the WSJ reports. The move would revive a practice that regulators used in the early 1990s to solve a savings and loan crisis. [View news story]
I'm sure they will all be AAA rated!
JP Morgan (JPM) plans to next year issue mortgage-backed securities supported by defaulted loans that it bought from EU and other financial institutions, the WSJ reports. The move would revive a practice that regulators used in the early 1990s to solve a savings and loan crisis. [View news story]
This seems like the smart thing to do for all parties involved. Similar to credit card companies selling their noncollectable accounts to debt collection companies
If you've ever doubted whether Bank of America (BAC) is in serious trouble, this development should settle it, says Naked Capitalism's Yves Smith. In a move to reduce the bank's holding company exposure, it recently moved a large tranche of its worst performing derivatives from its Merrill Lynch unit to a subsidiary flush with taxpayer insured deposits. The Fed has signaled it favors the move, but the FDIC, which will have to pay off depositors in the event of a bank failure, objects. [View news story]