EttU

How Warren Buffett Is Smarter than the G20

To have long term growth it will have to come from everywhere, west, east, north and south. Everything is so interconnected that the economy is like putting water in a glass, if the glass is not moved it will in time level off. It is physics not financial engineering. Even Wall Street over time can not change those laws.

Major Banks Now Much Too Big to Fail

It seems to me that most of the commentary is all running around in a big circle.

Regulate the banks, BUT enforce the regulations otherwise it is all a joke. AND the Joke is on US.

Markets Aren't as Benign as They Look

good article, however the only thing I want from bankers is that they pay me a decent interest on my deposits and in turn lend it out at a reasonable rate. All else in the banks and the rest of the financial system is little more than a crap shoot. The shoot of course makes a few people very rich and the screws the rest of us as well as the nation as a whole. It will never change until such time as the banking execs, and brokers are brought under control.

Let CIT Fail: The Business Model Is Broken

Both CIT and AIG should be allowed to go bankrupt, sooner better than later. But before doing it there has to away of clawing back the millions which their executives took out.

It would be nice if the GOV/we taxpayers get back apart of the $'s that were pumped into those company's. They played a huge part in destroying our economy and their names should be wiped clean off our public vocabulary.

No One Saw This Economic Crisis Coming?

It is not a matter that no one saw it coming, it is the fact that no one wanted to deflate the bubble while Wall Street and the Banks were cleaning out our pockets. In 06 and 07 everyone was feeding the bubble the banks, wall street, the media all the talking heads on TV. It is the same pattern which repeats itself each time the economy goes down the drain.

The galling thing is that many of the jokers who brought us to where we are are still at and those who have left took their millions in bonuses for the work they did to destroy our nations economic fabric. A pox on all of them.

Citigroup and Berkshire Pricing Anomalies

Why complicate when you can simplify. I can afford to buy BRKB, once in awhile however I can not buy BRKA, ever at any time.
I assume you still believe that the market puts everything in its proper place, you must have been sleeping during the last two years, when the Mr. Market got itself in the ringer, thanks to the quants and greed on wall street.

Stanford Financial's Ponzi Scheme: New Fraud, Old Lessons

The SEC under Bush did all it could to avoid going after fraud and corruption. Their attitude let them do what whatever they could get away with.

Remember, it is Texas which gave us ENRON, Stanford and BUSH, need we say more.

BofA-Merrill Scandal: A Scapegoat Will Be Found

Lewis should be fired and both he a Thain should do a little jail time.

Greed, corruption should not be rewarded. Their bonuses should be clawed back and payments made to the board should be clawed back as well.

All of this is wishful thinking, since when do these people pay the price for destroying stockholder value and helping to destroy our nations economy.

A disgruntled BofA customer and investor.

Ken Lewis and BAC's Shareholders Got Hosed by the Feds

If you ask me I think Lewis and all the other heads of the financial industry should be thrown out of their executive suits they created the mess the country is in.

We the tax payers are already paying for the mess they made and for their mis-management.

We the stockholders should sue the CEO and the Boards for the mess they created, and some of these people need to go to jail.

Greed and stupidity should not be rewarded. Financial corporations and their management should be put in regulatory straight jackets until they get their act together.

Unfortunately our system is built around greed, connections, you scratch my back and I will scratch yours.

We the small stock investors always wind up holding the bag after the rich and powerful make off with the jewels.

A disgruntled BofA investor and client. B of A was a great bank when it was headquarter in San Francisco but not any more, I wish that it was called something else.

Buffett on Goldman Sachs, The Economy and Inflation

Mr. Buffet is a great investor and a down to earth person and great to hear him speak as well as read his writings. However, he is the first to admit mistakes he has made in investments.

All that said I hope that his belief in the country and our systems turn out to be true.

Warren Buffett Doesn't See Any Green Shoots

You are OK but you are no Warren Buffet, sorry. Please come back down to earth.

USA Today: What Happens When Investment Bankers Run a Country

Investment bankers are not worth a small percentage of what they now get paid. They do very little, they take my money move it around, take huge fees for doing so and what have they created in doing so, a BIG NOTHING, In the process my investments or savings are destroyed.

Our countries big mistake was when everyone went gag gag over the fact that we were becoming a service industry. Yeh, we serve the bankers and they screw the country while becoming supper rich. A country which can not actually manufacture and produce products and appears to be able to only enrich a few at the expense of everyone else is not likely to be great.

The Republicans and Bush did a beautiful job over their 8 years destroying the middle class, and enriching the top 5% of the population.

I hope that Obama's policies actually bring some change for the better, but I have my doubts.

Don't Confuse a Bear Market with Stupidity

I do not know why anyone pays any attention to what analysts say. They work for the same companies which nearly went belly up, so if these same companies have been unable to perform why should we think their analysts are any good. They are all in the same circle of incompetents.

Dividend Investing vs. Trading

A dividend in hand is worth several "maybe stock increases" in the bush. Cash in hand is worth much more than promises by greedy executives and incompetent analyst.

Is America Turning into a Banana Republic During This Zombie Economy?

Most of you are smoking pot, what are you talking about contract law. The laws were created to benefit the rich and powerful, the tax code is written to help the rich get richer at the expense of the rest of us. The basket of benefits which have been created to make the rich, richer at the expense of our middle class needs to be cracked. I hope that Obama is able to do it.

I have lived in several banana republics and third world countries. The actions of the Bush Administration have created the mess we are it will take a great deal of time to recover from the disaster they created. I think that Bush and the republicans never found a banana they did not like. Tax cuts to the top 5% and the heck with everyone else.
The capitalistic system was used by a few to wreck our nation for the benefit of the few.