Bingo 2

FDIC Troubled Bank List up to 252

I would be nice if the author would cut the bull and publish the "list" of the banks. His commentary is worthless without specifics.

Why Friday Was Such a Critical Day for Bank Stocks

If Bank of America is dead why did they refuse any more injected capital and make their first payment of 402 million on their TARP loan? Go long on BAC- It will be around for a long time in spite of their dumb decisions.

How Loyal Are Wachovia and Washington Mutual Customers?

If Wachovia would get off its A_ _ and send out the paperwork for its sale to Wells Fargo- customers are maybe going to have more confidence in Wachovia. As it is now- we have heard nothing, and the transition is supposed to be complete by end of 2008. Wachovia is getting the reputation of being slow to act and this is no exception.

Will the Dollar Recovery Launch a Bank Rally?

The bank situation will not right itself until we have a whole new group of folks at the helm of the Fed. The current bunch "just" realized that the rate of inflation is greater than the current interest rate available to banks. This is something most of us realized MONTHS ago. When we have competient people back in the Fed, we will be able to attack the problems. Right now most of us are trying to reach shore before the boat sinks, but after 50 years in this game i do know most everything that goes down will eventually rise. Maybe a good time to buy some distressed banks?

An Involuntary Transaction: Why BAC + CFC May Never Close

H20 Give the keepers back the keys to your cage. What has your psychobabble got to do with the subject? Go Away ll

Latest Bank Headache: Home Equity Loans

Barry Ritholtz should be in charge of the Fed. He is one of the few who grasp the situation. He shows a fine understanding of the current problems.