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.

How To Buy a Bank (and Other Beaten-Down Stocks)

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.

My Ten Predictions for 2008

What Tan seems to forget the greatest threat to the US economy is sitting in the White House with all his cronies. The 15 billion a month wasted in Iraq - draining the US treasury- well folks I just hope we make it until we can get a change in 2009. The myopic morons in charge have only to look in the mirror to find the real source of our financial troubles.