Who's the Newest, Riskiest Bank on the Street? [View article]
Riskiest can also mean most rewarding... and they have proven that for a long time. Banks have got plenty of rally left in their legs so I'm not sure what you are concluding - shorting? Not a chance.
Accounting Rule Changes Creating False Rally in Financials [View article]
"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?
Trading the Mark-to-Market Modification (Updated) [View article]
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.
Why Bank Nationalization Will Never Happen [View article]
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.
Who's the Newest, Riskiest Bank on the Street? [View article]
Accounting Rule Changes Creating False Rally in Financials [View article]
You must be very smart to be that far ahead of the market! Are you a comedian?
Trading the Mark-to-Market Modification (Updated) [View article]
Why Bank Nationalization Will Never Happen [View article]
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.