One Year Performance of Large Canadian Bank Stocks [View article]
Simple explanation: the Canadian banks are run like banks- greed and unsafe practice has no place in their operation. They actually try to load money to folks who can repay it- What a concept!
Canadian Banks Should Consider Dividend Cuts - RBC [View article]
I will sell my holdings in Canadian banks as fast as possible if they cut dividends. Agree totally with Chezfederick- hopefully the Canadian banks will not be the lemmings to this fiscal mess which the US bankers brought on themselves. The Canadian government is smart enough to stay out of world affairs where it does not see any possible solution and therefore does not spend trillions being the world banker and world police force.
How To Buy a Bank (and Other Beaten-Down Stocks) [View article]
The one thing Mr. Davis seems to ignore is the quality of management. WM has done a terrible job with major over expansion led by people seemingly intent on making them the largest bank in the world. I would be interested in why Wachovia was not on his list. Talk about dumb moves ( which admittedly might turn out as a positive) if California does not go bankrupt in the mean time. Again however the desire to be a bank which covers East to West seems to be the prize which managers can not resist.
Canadian Banks vs U.S. Banks: Where's the Better Value? [View article]
There are other major differences . Canada does not operate in a deficit based economy. They also have learned to keep out of world affairs which they can not control. Their govt does not have to spend 750 mil a month fighting a war to prop up the ego of their chief of state.
Bank of Montreal's First Quarter Earnings Disappoint [View article]
I thought the Canadians were smarter than the idiots running the American banks. I guess this is not the case.I can not imagine how dumb you have to be to issue a loan to a party who have not even the slightest chance, based on their income , to make the payments. and THESE are the folks guarding your money!
One Year Performance of Large Canadian Bank Stocks [View article]
Canadian Banks Should Consider Dividend Cuts - RBC [View article]
Canadian Banking System: An Oasis of Financial Calm [View article]
How To Buy a Bank (and Other Beaten-Down Stocks) [View article]
Canadian Banks vs U.S. Banks: Where's the Better Value? [View article]
Bank of Montreal's First Quarter Earnings Disappoint [View article]