vreporter

Is Dubai's Default a Black Swan Event?

The Black Swan has more to do with the dependent - and yet unknown - impacts, than the original event. Hence, this IS just such an event, known or not! Shrugging this off is equivalent to shrugging off the banks and letting them go under. The downstream events are HUGE.

Citigroup Makes a Good Move: Preparing to Buy Out Uncle Sam

I think you're confused about what's right and what's good. What's good would be determined by the share price in the near term. need I say more?

The Citigroup Pricing Anomaly

I support - and am betting on - your theory that the conversion price will change. It won't disappear but it will change to the betterment of common equity.

Reading the Stress-Test Leaks

This is the beginning of an ALL CLEAR signal for the banks from Treasury and the Fed. The leaks are engineered given that they had to take on a derivatives market which siphoned investors out of their skin last time. There will be no rest for the shorts this time - even though C and BAC have already tripled from their lows. The economy and confidence are tools to get this engine running. These leaks and the consequent setups are part and parcel of this operation. If none of you studied any history on the "plunge protection" mechanisms of past years then you will not understand that some of the most influential "hedge fund" activities are not from hedge funds at all...

Are Citi, Bank of America Pushing Prices Up?

One would assume that an entity like Zacks would have a knowledgeable opinion about the securities it covers. This topic is apparently one out of their league. There isn't enough room here to correct the assumptions undertaken in the above article.

Is Bank Nationalization Still an Option?

It was NEVER an option.
It is an unlikely possibility even as a last resort.
Meanwhile, those very bank stocks have outperformed everything else by MULTIPLES during this ongoing proposal for nationalization.
Well done Felix... you are a true contrarian indicator.

Citigroup Float May Experience Dramatic Upside Velocity

I don't know if it was a misprint but I read an article that referred to the possible reverse action in June 2010. Is that right? If so, too far down the road to support you principle. If not, I agree that it's a biggie!

Accounting Rule Changes Creating False Rally in Financials

"Without doubt, since fully-informed investors form only a small proportion of the capital markets, the spin and hype surrounding the “inherent evils” of the mark-to-market rule and Level 3 measurements could well take bank shares significantly higher this week."

You must be very smart to be that far ahead of the market! Are you a comedian?

What the Citi Conversion Might Really Mean

Interesting view... but do you really think they're that smart? !!!

Citigroup Questions

On your credit card issue:

You were not billed in USD. It was converted for display in USD. You were charged because the vendor you transacted with WAS NOT ABLE to bill in USD.

This is definitely the job of the vendor to clarify and you should definitely know who you are purchasing from when making any online transaction.

Your knowledge of such simple matters defies your integrity in covering such important issues in the financial malaise! Maybe you'd do better with a nationalized payment system so that your consumer ignorance was covered by unified regulation!

Trading the Mark-to-Market Modification (Updated)

Unfortunately for most concerned, these considerations and discussions aren't getting any urgency to amend market turmoil since Treasury Secretary Geithner is not a proponent of change on this issue.

Too Big to Bail: Lehman Brothers Is the Model for Fixing the Zombie Banks

Sorry, you don't get it! You obviously do not understand "markets." Treasury is somewhere between your leftist suicide agenda and the conservative right that won't lay a finger on the banks.

When your solution is worse than the problem, it's time to keep looking. Get a clue!

America's Insolvent Banks

What's the difference between a US investor and a US taxpayer?
Please enlighten us because I get tired of the separation!

Why Bank Nationalization Will Never Happen

Have you noticed the recent PR push by regional banks separating themselves from the large ones? That they are running things in their respective audience markets just fine? That the banking system would be just fine without their larger brethren?

If our economies are global linked, just how do these regional institutions serve any purpose whatsoever in that regard? Do they acquire the international operations of the so-called insolvent masters?

I find this laughable.

I also find it laughable that many readers here see a comparison of RTC to the current crisis. Obviously, CNBC is a popular source of financial information but any ignorance bred from such dependence is the public's own downfall.

Lehman was a very small piece of the financial puzzle. That alone should make conservatives think. Also, differentiating the investor from the taxpayer is lost upon me.

This author finally looks at the dilemma with these issues in mind. Whether or not nationalization is on the table hardly makes it a viable solution.

Wake up America! Or we will all be experiencing the bread lines we never thought possible.

Nationalizing the U.S. Banking Sector: There's No Choice

Aside from doing the nationalization deed which is clearly a worse solution than the problem on a "net effect" basis, it's time we realized that the TAXPAYER and INVESTOR are actually one and the same.

Until we get that right, no nationalistic approach is going to understand WHY its a worse solution than the problem!

I think financial bloggers have found their "optimal traffic impact" topic by pushing this button over and over again. It's getting boring!

What happened to Morgan Stanley's insolvency back in September? They now seem to be the darling with the best prospects!

Bank of America and Citigroup will redirect their business models as well - with a lot of help from INVESTING TAXPAYERS. The result will be another horse rising from the dead.