Bajatexas

Banks: Nationalize, Cleanse and Get It Over With

Yes, and all Intel has to do is start flying airplanes. Great idea, but the banks are not landlords and it's not as easy being a landlord as you make it sound.


On Jan 19 11:42 AM Anne wrote:

> All the aggregator bank has to do after purchasing these bad assets
> (mortgages) is to pull them all off the market and rent them out
> on 1, 2 or 5 year leases and/or lease option contracts, thus stopping
> this free-fall in its tracks.
>
> They can use local rental agencies to do the job which will keep
> these people employed as well. There are plenty of families that
> can rent or lease a house that are currently unable to purchase.
> In 2 years or less, the problem is solved.
>
> Easy.

The Obama Inauguration Rally Begins

Looking at the futures, it looks like the Obama rally not only began on Friday....

....it ended on Friday as well.

Good call.

Who's Failing Us With Bad Information?

It's actually not just a corporate governance or accounting problem. It is emblematic of problems in all areas of society. On the personal front, we have a citizenry that is not even slightly interested in assuming the responsibility that comes with the exercise of rights. We have a government that can't respond to disasters or provide the most basic needs of citizens in spite of taking in more money each year, etc. The real question is why would we think that our corporations would be insulated from these problems?

Who's Failing Us With Bad Information?

It's actually not just a corporate governance or accounting problem. It is emblematic of problems in all areas of society. On the personal front, we have a citizenry that is not even slightly interested in assuming the responsibility that comes with the exercise of rights. We have a government that can't respond to disasters or provide the most basic needs of citizens in spite of taking in more money each year, etc. The real question is why would we think that our corporations would be insulated from these problems?

Prince's Departure, Recovery Potential, Make Citi a Long-Term Buy

Boards with the stature of Citi's don't fire a CEO with no replacement in line unless their are serious UNREPORTED problems. Until we know the width and breadth of those problems, staking out a long term position is a crapshoot.

Prince's Departure, Recovery Potential, Make Citi a Long-Term Buy

Boards with the stature of Citi's don't fire a CEO with no replacement in line unless their are serious UNREPORTED problems. Until we know the width and breadth of those problems, staking out a long term position is a crapshoot.