Seeking Alpha

russ » Comments » BAC

  • Government Not Allowing Finance to Heal Itself [View article]
    Rambling and inconsistent, with some goofy ideology thrown in. "Forces people into riskier" investments? All investments involve making a choice between asset classes. There is no "forced", it is a simple choice between risk and return, as it should be. This guy must get his politics and economics from the Fox bozos.
    Oct 26 08:31 am |Rating: +2 -3 |Link to Comment
  • Public Passion Drives Pay Czar to Arbitrarily Slash 175 Top Salaries [View article]
    " a sad state when business leaders are required to buddy up to Washington"???

    It is also a sad state when greed and selfishness rule. And "inhibit change"?? Part of the problem has been the arrogance of many to think that they should not change their ways. It is silly to think that most of the top people could go elsewhere and make more, there are a limited number of these positions. As an investor, I am glad these companies are starting to recover and equally glad someone in the government is exercising some common sense.
    Oct 22 09:01 am |Rating: +2 -1 |Link to Comment
  • Profit from Volatility with Options Straddles: Financials Edition [View article]
    If I understand this column, the proposed play would require a great deal of movement in ahsort time, with no consept of direction, and would prove to be expensive in most cases. Why would you propose this action in a declining VIX?? Of all the possible positions on finanicials, this appears to be one of the worst possilbe choices.
    May 17 09:45 am |Rating: +5 0 |Link to Comment
  • The Senate Voted Wisely on 'Cram Down' Bill [View article]
    The continuation of the current law (the defeat of the 'cramdown) means banks are treated as 'special' and get to avoid any participation-responsi... in the bankruptcy proceedings. It's nice to be 'special'. If a person is filing bankruptcy there is no shame or aversion to walk away from a house and let the bank eat the forcloosure. Banks are not always smart which is why many hawked poorly structured loans, did improper documenatation and quickly collected their fees. Be careful what you ask for.
    May 11 08:24 am |Rating: +2 0 |Link to Comment
  • Five Signs That the Bailouts May Be Helping [View article]
    The simple fact is that Qbama Adminstrtion has handled the crisis and the process well, not perfect, but so much better than we had in the fall. The hard core right will not admit it but the calm and pragmatic approach may have helped save the American Capitists from their own arrogance and risky behavior. Ideology can take a hike, the proff is in results, and the market is slowly responding.
    May 08 09:50 am |Rating: +4 -1 |Link to Comment
  • Geithner's Plan Is a Waste of Time [View article]
    To Vuke: "gov't caused problem"??? I don't think so. There will be participation because many see an opportunity to profit which always draws interest, investors love buying value at distressed prices. The 'blood in the street crowd' knows when and how to profit and Mr. Johnson will look foolish again.
    Mar 31 09:31 am |Rating: +2 -5 |Link to Comment
  • To Bail or Not to Bail? - Fast Money Recap (9/29/08) [View article]
    The market has punished the stupid, look at the bank failures-mergers-buy outs and asset write downs. Now is the time to punish the selfish and economically challenged House Repubs who risk panic for politacal ideology.
    Sep 30 08:36 am |Rating: 0 -1 |Link to Comment
  • Weak Earnings After Hours - Fast Money Recap (7/21/08) [View article]
    If in fact Jobs is never on the conference call, then what is wrong with the media and the TV commentators? They expand and help spread a rumor that damages the stock when they simply have no facts? The quality of what we get as 'experts' merely demonstrates the folly of trying to fill up hours and hours of cable TV time. In the end we get garbage.
    Jul 22 08:21 am |Rating: 0 0 |Link to Comment
More on BAC by russ
Comments by Ticker
russ'
Comments Stats
62 comments
Rating: -186 (255 - 441 )