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pockyclips 2020 » Comments » BAC

  • A Tale of Two Markets: Overvalued Stocks and the Declining Dollar [View article]
    If you think Dow stocks are overvalued, don't even look at the S&P 500! The box springs are looking better every day.
    Nov 22 09:26 am |Rating: +1 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    China will accelerate their conversion of dollars to hard assets in the coming months. Uncle Sam will end up bailing out California, flooding the world with even more fiat currency.
    Sep 01 08:28 am |Rating: +4 0 |Link to Comment
  • Roubini Is Right: Recovery Will Be Slow  [View article]
    It's not rocket science.
    If consumer spending makes up 70% of our economy,
    and half of them are either unemployed, underemployed
    or underwater on their mortgage, "recovery" should be replaced by treading water.
    Aug 25 08:50 am |Rating: +4 -2 |Link to Comment
  • My Thoughts on Bernanke, Boeing and Citibank [View article]
    Two sides of the socialist coin.
    Jun 27 14:33 pm |Rating: 0 -2 |Link to Comment
  • Big Banks in Trouble: Huge Mortgage Write-Downs Seem Inevitable [View article]
    The ones who are going to walk are now moving towards the exits. Since the peak of the housing boom was 2nd quarter 2007, and you figure most of these folks financed with three year adjustable ARMs,
    we won't really know the damage until the 2010 elections.
    Jun 23 09:06 am |Rating: +3 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I don't like the idea of a "pay czar", but I like even less that CEOs and board of directors don't practice what they preach. I don't recall hearing any of these guys taking a 90% pay cut, although several of my stocks have.

    As for derivatives, too little and too late. If these time bombs were going to be used as securities, they should have been regulated from day 1. These guys are printing their own money. I believe the only allowed options should be commodities. They should be used as insurance, as they were intended!
    Jun 11 08:57 am |Rating: +10 0 |Link to Comment
  • FDIC Won’t Rule Out Banks as Buyers of Toxic Assets [View article]
    Oh, goody! I, the taxpayer have to cover the losses and pay the profits. I'd rather play three card monty with the guy on the corner.
    May 28 08:42 am |Rating: +4 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The emperor is wearing no clothes. Our phony economic growth is being sustained by market manipulators.
    May 21 08:54 am |Rating: +6 -2 |Link to Comment
  • Massive Bank Shareholder Dilution Ahead [View article]
    P.S. I wouldn't doubt that the "good banks" are using our TARP money to short the bad banks. Right out of the J.P. Morgan playbook!
    Apr 21 13:48 pm |Rating: +1 0 |Link to Comment
  • Massive Bank Shareholder Dilution Ahead [View article]
    A no win situation. If the good banks pay back, and the bad banks are exposed, there will be a run on the bad banks. Then those banks will be nationalized.
    Apr 21 13:44 pm |Rating: 0 0 |Link to Comment
  • How Much Risk is the Treasury Really Assuming from Financial Institutions? [View article]
    The multinational pirate banks will hold us hostage until they get near face value for their toxic junk.
    Apr 09 08:18 am |Rating: +1 0 |Link to Comment
  • The Road to Economic Hell [View article]
    Of course, the party in power is using crisis to benefit themselves, just as always.
    As long as there are Replicrats and Democans, the system will not change (until we go bankrupt). We didn't go into the crapper in just the last 6 weeks.
    Mar 05 09:19 am |Rating: +16 -3 |Link to Comment
  • Why Zombie Banks Won't Be Nationalized [View article]
    We slept with camels, now we have sand fleas.


    On Mar 02 09:15 AM pacman1947 wrote:

    > Whoa, Nelly! You mean American taxpayers must bail out these zombies
    > because oil-rich sheiks own shares? Huh?
    >
    > I hope there's more to it than that.
    Mar 03 08:30 am |Rating: +2 -1 |Link to Comment
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