Seeking Alpha

bankingqueen

bankingqueen
Send Message
View as an RSS Feed
View bankingqueen's Comments BY TICKER:
Latest  |  Highest rated
  • Initial Jobless Claims: +18K to 354K vs. 340K consensus, 336K prior. Continuing claims +7K to 2.97M. [View news story]
    Nothing affordable about it.
    Jun 21, 2013. 12:36 AM | Likes Like |Link to Comment
  • Market recap: Fed-induced anxiety rattled across markets, with stocks plunging to their biggest selloff this year, gold sliding below $1,300 for the first time since Sept. 2010 and Treasury yields marching to two-year highs. A weak reading on China manufacturing, which helped slam crude oil and other commodities, and reports that the IMF could halt payments to Greece added to worries. All 10 S&P sectors fell more than 1%, and every Dow stock traded red. Homebuilders were hit hard by concerns that rising bond yields would mean higher financing rates for buyers. [View news story]
    I am all in for the 2009 lows to load up this time, cash in hand. We will see maybe I am dreaming. Wouldn't mind if the barracuda's destroyed themselves in the process. Maybe the little guy will win for once.
    Jun 20, 2013. 09:54 PM | Likes Like |Link to Comment
  • "U.S. housing has turned the corner in every way, shape, or form," says Jamie Dimon (JPM), speaking at the Morgan Stanley conference. The corporate world is in great shape in terms of liquidity, and small business is kind of back to where it was, but the political environment is a "wet blanket" on the economy. On reserve releases: We don't do it to prop earnings, we're forced to do it. "I'd love to leave them up." [View news story]
    All smoke and mirrors
    Jun 11, 2013. 10:58 PM | Likes Like |Link to Comment
  • The Clock Is Tick-Tick-Ticking For SAC And Steve Cohen [View article]
    Anybody see John Corzine?
    Jun 11, 2013. 12:06 AM | Likes Like |Link to Comment
  • Standard & Poor's affirms its AA+ long-term and A-1+ short-term credit ratings on the U.S., and revises its outlook on the long-term rating to stable from negative to indicate its current view that the likelihood of a near-term downgrade is less than one in three. [View news story]
    Problem is most Americans don't have much of a brain. If they did they would not have put in these shills on both sides and let them destroy our country. Pitchforks are needed.
    Jun 10, 2013. 09:15 PM | Likes Like |Link to Comment
  • California's got a new problem: Too much money. This year's expected surplus of $1.2B-$4.4B comes three years after the state faced a deficit of nearly $60B. Governor Brown - arguing the surplus is the result of a flood of capital-gains realizations ahead of higher 2013 tax rates - wants to put the money aside. The legislature - dominated by Brown's own party - wants to spend it. [View news story]
    Always democrats
    May 26, 2013. 12:09 PM | 1 Like Like |Link to Comment
  • Ally Financial takes another step towards an IPO as it agrees to pay $2.1B towards the settlement of the ResCap bankruptcy. The move, says Ally, essentially removes the threat it would have to pay billions more in private claims related to its subprime mortgage arm. It's also a victory for MBIA (MBI), whose share of the proceeds could be $600M, according to hedge funder Manal Mehta (he's long). [View news story]
    Yes
    May 23, 2013. 01:04 PM | Likes Like |Link to Comment
  • Fisker Automotive, the struggling government-backed hybrid sports car maker, terminates 75% of its staff in what sources said was a last-ditch effort to conserve cash and stave off a potential bankruptcy filing. The company, which raised $1.2B from investors and tapped nearly $200M in government loans, has only around $30M in cash remaining. About 160 workers were fired at a Friday morning meeting at its Anaheim, Calif., headquarters, and were told that the company couldn't afford to give them severance payments. [View news story]
    Lol Liberalism at its finest.
    Apr 5, 2013. 09:39 PM | 8 Likes Like |Link to Comment
  • The U.S. economy is in a bubble inflated by “phony money” from the Fed and will burst within a few years, David Stockman warns; when it bursts, the U.S. "will descend into an era of zero-sum austerity and virulent political conflict." Paul Krugman calls Stockman’s conclusions "pathetic and embarrassing... full of big numbers that are scary because they’re big numbers.” [View news story]
    It may hurt the Repulicans long term, but it will hurt the country more. The masses are all sheep that care more about their social issues than the economy or health of country. Ask not what your country can do for you, ask what your country can give you. ESP if it is free.
    Apr 1, 2013. 11:50 PM | 1 Like Like |Link to Comment
  • The U.S. economy is in a bubble inflated by “phony money” from the Fed and will burst within a few years, David Stockman warns; when it bursts, the U.S. "will descend into an era of zero-sum austerity and virulent political conflict." Paul Krugman calls Stockman’s conclusions "pathetic and embarrassing... full of big numbers that are scary because they’re big numbers.” [View news story]
    @Bigthinker

    Not only you but I have been preaching it for years, but you are right and affirm my worst fears that I already knew. Enjoy where u are my friend.
    Apr 1, 2013. 07:49 PM | Likes Like |Link to Comment
  • The U.S. economy is in a bubble inflated by “phony money” from the Fed and will burst within a few years, David Stockman warns; when it bursts, the U.S. "will descend into an era of zero-sum austerity and virulent political conflict." Paul Krugman calls Stockman’s conclusions "pathetic and embarrassing... full of big numbers that are scary because they’re big numbers.” [View news story]
    Blah, Blah, Blah. The biggest threat to the United States of America in the next 5, 10, 25 even 50 years from now is one thing. Liberalism / progressive movement, if they continue it gets much worse. If it subsides we will be fine. End of story, oh and Krugman lol what a Odumbo shill.
    Apr 1, 2013. 07:25 PM | 6 Likes Like |Link to Comment
  • Toys "R" Us, which is partly owned by KKR (KKR) and Vornado Realty Trust (VNO), has finally ended its plans to go public, due to "unfavorable market conditions" and a change in CEO. The move comes a month after boss Gerald Storch said he was stepping down, and as Q4 revenue dropped 2.6% to $5.77B and profit slumped 30% to $239M. [View news story]
    Davidbdc is right, trust your gut on this one. If they don't feel they can sucker enough sheep to the slaughter in this market they never will.
    Mar 31, 2013. 08:53 PM | Likes Like |Link to Comment
  • Deposits over €100K at the Bank of Cyprus will be taxed at 62.5%, sources tell Reuters. The figure is far greater than officials originally indicated. Customers will get 37.5% of their deposits over the €100K threshold in bank shares while the remainder of their cash "may never be paid back."  [View news story]
    Coming to a country near you?
    Mar 30, 2013. 12:19 AM | 2 Likes Like |Link to Comment
  • Our 5 Year Forecast Beginning February 4, 2013 [View article]
    Five year forecast? Lol that is rich. I feel the next 5 years will be turbulent in my eyes, but I would guesstimate that no one will accurately be able to predict anything other than Bernanke will implode the economy and national debt will be much higher than now.
    Mar 7, 2013. 10:01 PM | Likes Like |Link to Comment
  • Don't buy rumors J.C. Penney (JCP -10.6%) may have a buyer, or a savior CEO will be brought in, writes Jeff Matthews. Steven Roth sold not because he was in trouble, not because of a margin call, but because he wanted to sell. Roth's as tied in as they get and he's on the board - would he be unloading his stake if he had an idea something game-changing was imminent? [View news story]
    Death spiral
    Mar 5, 2013. 05:18 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
135 Comments
359 Likes