EttU

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.

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.

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.

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.

BofA's MAC Clause: As Porous as Swiss Cheese

The zombies at BofA will continue screwing up the bank and we the small investors and customers will continue to take it on the chin. Management and the board will continue to enrich its self, it is how our rewards and punishment system works in the failed capitalistic system we have developed into.

It is to bad that a great Bank has gone to the dogs in the fashion it has.

Paulson Changes His Tune on BofA and Merrill

Our wonderful capitalistic system, what a joke. Special interest lawyers write the laws for their own benefit. The rich and powerful move from business to government and back and forth. The so called analysts and reporters do not have a clue and spend their time talking to the same lawyers, government officials, politicians and their supporters who all repeat the same nonsense over and over again.

The banks and other financial institutions have done a remarkable job making a few supper rich and at the same time destroying the middle class of our country. The government over the last few years have aided and abetted the destruction of the middle class, with its no regulation attitude, transferring wealth from the middle class to the upper 5 % of the richest of the rich. Conservatives and the republican party want to turn the USA back to the system of the middle ages, a few who controlled everything and every one else turned into serfs.

Under G. Bush we the USA became a third world country without the bananas.

Why BAC Will Beat: Understanding a New Bull Market Is Not Underway

Early into the Bush Administration I started saying that we as a nation were becoming more and more like a third world country. And now I am sure we have become one. It will take quite along time for the USA to rebuild all that is broken in our system, from our financial system to our health system, to say nothing of a political system which has one side of it saying NO to everything and regurgitating the same old and worn out cliches of the past.