hwood007

Ken Lewis's Symbolic Pay Cut

I think a lot of CEOs made mistakes and I would like a share of that money returned to stock owners. Have you noticed that when the SEC or other gov agency fines a company for mistreatment of owners, the fine goes not to the owners, but to the gov. go figure that one?


On Oct 16 08:07 PM Cyrus the Great wrote:

> He is another scum that has robbed Americans of their hard-earned
> worth and tangible assets (as well as intangible assets, such as
> peace of mind). These symbolic gestures really mean very little today.
> These banks, corporations, the government, and even czars cant be
> trusted. They have deliberately expanded the gap between the elite
> and everyone else, having taken taxpayer money to devalue the worth
> of the masses while only exponentially growing their asset and value
> base.
>
> The end all is that Americans will, at one point, have to get fed
> up and expect a change (an actual one...not the one old buddy Barack
> promised). This will come in the form of revolt or simply denial
> of the system; once an individual learns subtle things that are not
> always recognized, such as the fact that when you sign a note for
> a mortgage, the bank is simply creating that debt out of no where
> and selling it off (securitizing) for FRNs, the individual may learn
> that he/she can simply deny the system as a whole based on the fact
> that it is a fraud. The system has been created to enslave the masses
> through massive institutional debt.
>
> Research the true history of the USA. Type in "USA bankruptcy" or
> other keywords. Learn how the USA was taken under hostile control
> in 1871 and was seized by international bankers who have since then
> had a stranglehold on this country. After the inception of the Federal
> Reserve in 1914, the USA officially underwent bankruptcy in 1938.
> It took the Federal Reserve less than 25 years to bankrupt this country.
>
>
> Look beyond daily perception. People like Ken Lewis are part of the
> problem; replacing him will not replace the sytem though. The system
> is the problem. The system is based on deception, fraud, manipulation,
> all to control the masses through a modern-day enslavement.
>
> Research the facts and learn to slowly deny the fraudulent system!

Ken Lewis's Symbolic Pay Cut

I hope you think as well of several members in congress who did us wrong in not allowing more oversight of the GSEs and others that lent money to thoses who could not really pay. We were taught not to lend money to friends or family members and ACORN had banks lending to friends of ACORN.


On Oct 16 01:38 PM notsosmart wrote:

> boo-hoo. im crying for this failed ceo. what will the poor man do?
> all these lying ceos should be in jail with made-off along with many
> of the liars & scoundrels in our congress.ethics & transparency
> are no longer a part of our society.quality is gone.you buy an item
> & immediately its suggested you buy a warranty extension.nobody
> cares & there is no longer a personal relationship.so screw you
> as i fill my pockets.sad.

Too Big to Fail: Greenspan Adds His Voice to the Break-Up Chorus

How can the gov use tax payers money to create an even bigger bank, such as BAC, have BAC save Merrill Lynch, and then break it up into parts? How and who gets the money from the "increased" value? They created these too big to fail banks, so they have to live with them.

Judge Rejects Bank of America / SEC Settlement

It was not that he gave a bad report, it was the words he used and the manner in which he presented it. So I have no problem with his facts, such as they were, nor yours. He wrote a rude article and used words he need not have used. so did you, name calling is so being a vogelkoph

On Aug 09 01:10 PM pirate wrote:
hwood: people like you are so annoying. sit there behind the veil
of your computer while criticizing this man's work. if you don't
like it then click off. its an editorial you knucklehead.

Judge Rejects Bank of America / SEC Settlement

I would rather the writer had given more facts, made them the center piece of his article, and had given less of his opinions. The way he presented this article was not the best.

Fed Finds a Way to Use Stress Tests to Screw Bank Shareholders One More Time

During the past, a certain group of people were not allowed to own farms and other businesses to make a living in many countries. But they were allowed to loan money, which they did, and earned a place in history and in so doing that, earned the abuse of many powerful leaders for doing so. The person who took over the Weimar government hated those bankers so much, he tried to kill them all. Bankers have never been loved.


On May 29 08:28 AM jhawkinstx wrote:

> Oh yes, lets damn Chase, BofA, and Wells Fargo shareholders....last
> time I looked those were the well run banks that cleaned up the crap
> of Countrywide, Merril Lynch, Bear Sterns, WAMU, and Wachovia at
> minimal cost to the taxpayers......at the shareholders expense.........
> The constant colpaining about the TARP is disgusting........ the
> minutes of the meeting between the Sec Tres, Fed, and heads of the
> 19 TARP banks were released a couple of weeks ago showing that the
> banks were mandated to take the money......money that cost the governemnt
> 1.8% to borrow via bonds and that the TARP banks are paying 5-8%
> dividends to the government on.......last time I checked.....18 of
> the 19 TARP banks showed multi-billion profits in 2008(except citibank).
> This whole thing has been a bunch of crap to distract the "sheeples"
> in America away from point their fingers at the government who caused
> this mess....... For 2000 years it has been convenient to blame the
> bankers......it has worked again.......

Fed Finds a Way to Use Stress Tests to Screw Bank Shareholders One More Time

I will assume this writer does not vote any shares he/she owns and may not know how hard it is to vote out a board member supported by management. Hard is not the correct word, I have voted against board members and written notes on proxy cards and can not see any results for my efforts.


On May 28 10:44 PM Allamad wrote:

> Bank shareholders deserve to be screwed, they voted in these inept
> managements! It's the banks that went to the taxpayers whining for
> help last September after they engaged in all the reckless lending
> practices.

Wall Street Allowed to Grade Itself in Stress-Test Sham

If the writer would not buy anything requiring dollars, then why is he writing on things sold in dollars? He has displayed some bias.

Bank of America: Overstating Assets by 85%?

not much of a stress test if BoA is able to fool those running the test. I was not able to understand how the writer came to the figures he did.

Banking: Will the New Be Better than the Old?

Based on how the BAC -Merrill deal seems to have gone down, how can we believe anything banks say? There are too many places to hide debt and some of them do not appear on the books in a manner you can understand. I own two banks, CNB and BAC and I am not sure how long I will hold these things..

Ken Lewis Stripped of BofA Chairman Title, Retains CEO Position (for Now)

when did lewis become CEO iof Citi?? Can a person be CEO of two companies at the same time. Make that four things.

Plunge Protection Team Attacks BofA: This Ends Now

GSEs, the fred and fannie twins, were making donations to government workers, some charged with oversight of said GSEs. Both the politicians and managers of GSEs wanted to keep their jobs. I can not understand how those actions are legal. Our only hope is to alter our laws to prevent anyone other than judges, from servining in office more than 18 yiears. Look at Specter, he is willing to do anything to stay in office instead of going out of office with some pride. Just because he switches to my party does not mean he has a chance of getting my vote. I fear we are all in deep dodo.

BofA's MAC Clause: As Porous as Swiss Cheese

CEOs work for the board that share owners elect, weak boards allow abuses by management I have voted against items on the proxy statement, written notes, and sent emails to companies and my government representatives, all to no avail. Now, I chuch the proxy and study the annual statement to see if I should chuck the company.

Financial Sector Review of Net Income and Dividends

I can muck up the spelling of many words, but not "their", rather takes away from the rest of the message, which would have been OK without the illegal comment. The flu lives in moist particles from the lungs. If I have it and sneeze into my hand, you shake hands with me, and then pick your nose, you may give yourself my flu. Once the moist particles are dry, "there" is little chance that they will harm you.

Warren's (Ridiculous) Prescription for Banks: Wipe Out Shareholders, Fire CEOs

I think some of the banks could return the money now and some can not. The question is will the government allow them to return the money early? In the case of BoA, I think they were OK until they took on Merrill and wanted not to do so at the last but did so at pistol point, so now she wants to do what? We can not close down these firms and we convert them to government banks, what then. Our people in congress were already in charge of oversight and now she wants them to manage all the functions of these companies. Good luck, our government can not manage the few processes they currently own.