"Let us actively make markets," says Jamie Dimon. We have the "deepest, widest and most transparent markets in the world," and that is a huge value to the investor. A balance needs to be struck between regulators who want less risk taken by market makers, and making sure that you can buy and sell securities actively enough to keep markets narrow for customers. (video) [View news story]
Do you need FDIC insurance to be a market maker, and for prop trading and metals speculation? http://bit.ly/x1IIgK
Silly me, I thought that was for banking and allocating capital to the most efficient sectors of the economy.
"Let us actively make markets," says Jamie Dimon. We have the "deepest, widest and most transparent markets in the world," and that is a huge value to the investor. A balance needs to be struck between regulators who want less risk taken by market makers, and making sure that you can buy and sell securities actively enough to keep markets narrow for customers. (video) [View news story]
I would like to hear his response to Gary Kaminsky today on CNBC.
I would even pay a monthly "service charge' to see them go at it, face to face.
A fortuitous combination of ravenous bacteria, ocean currents and local topography helped to rapidly purge the Gulf of Mexico of much of the oil and gas released in the 2010 Deepwater Horizon disaster, according to a new study by the National Academy of Sciences. "There was a lot of doomsday talk" at the time, but "the ocean harbors organisms that can handle a certain amount" of pollutants. [View news story]
shhh,
Don't tell the haters, that oil is natural too!
We should harvest all that oil, in order to burn it, so that it does not pollute any further.
ATW, RIG
BTW: I do expect them to challenge this story, as a Dick Cheney conspiracy.
Paul Krugman finds Mitt Romney's claim that Pres. Obama lost 2M jobs "deeply misleading," since the U.S. economy lost 3.1M jobs in the president's first six months but has since gained 1.2M jobs. Yet Romney takes credit for creating 100K jobs at Bain Capital “based on current employment figures, not the period when Romney worked at Bain." [View news story]
3.1 - 1.2 _________ 1.9
1.9M = pretty close to 2M
I am certain Krugman has rounded in his favor to even greater extent in the past.
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
Anybody that has invested any money in BAC has nothing left to donate.
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
Native,
The point of this story is they can (and do) call loans in full for those that are current on payments under the existing agreement.
Ironically, as they are so big, many businesses that will be affected and fail as a result, are counterparty to other businesses that owe BAC money as well.
They will seal their own fate.
That's what bad management does.
Sadly, it is likely only common shareholders will suffer.
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
Bbro,
Why don't you post a story of how BAC benefits society.
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
So much for debt service.
It appears the principal balance matters after all.
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
According to Steve Keen's Debtwatch, the coming decade (or two) hinges on one thing: how quickly the U.S. can move through the damaging process of debt-deleveraging. (Manifesto alert - this one's a doozy.) [View news story]
Caring about monthly payments vs actual principal of of debt or purchase price, is what got us where we are today.
No sooner than Verizon (VZ) says it had fixed the latest outage of its high-speed data network, it irks customers further with news it will start charging a $2 "convenience fee" for every payment made over the phone or online with their credit cards. The company says the move is necessary to help pay for "single-bill payment options." Perhaps it should have consulted Brian Moynihan first. [View news story]
Despite all of Iran's blustering, closing the Straits of Hormuz would not be as easy as it claims, say U.S. analysts. Iranian boats are too small, and don't have the capability to sustain a prolonged blockade. It would be a harassment effort at best. Besides, analysts say, any attempt will be met by an immediate response from the U.S. Fifth Fleet based in Bahrain. [View news story]
If need be, the entire Iranian fleet could be wiped out by US Navy & Air power within days.
Would be fun too, as it could happen without a single boot on the ground.
No sooner than Verizon (VZ) says it had fixed the latest outage of its high-speed data network, it irks customers further with news it will start charging a $2 "convenience fee" for every payment made over the phone or online with their credit cards. The company says the move is necessary to help pay for "single-bill payment options." Perhaps it should have consulted Brian Moynihan first. [View news story]
I thougfht when I pay online, it saves me .42 cents, but saved them the cost of a paper transaction and we both benefit. I f they charge me a fee. I will send it snail-mail and stick it up their arse.
I am refering online E-check however, withought a true "credit card" number involved.
"Let us actively make markets," says Jamie Dimon. We have the "deepest, widest and most transparent markets in the world," and that is a huge value to the investor. A balance needs to be struck between regulators who want less risk taken by market makers, and making sure that you can buy and sell securities actively enough to keep markets narrow for customers. (video) [View news story]
http://bit.ly/x1IIgK
Silly me, I thought that was for banking and allocating capital to the most efficient sectors of the economy.
"Let us actively make markets," says Jamie Dimon. We have the "deepest, widest and most transparent markets in the world," and that is a huge value to the investor. A balance needs to be struck between regulators who want less risk taken by market makers, and making sure that you can buy and sell securities actively enough to keep markets narrow for customers. (video) [View news story]
I would even pay a monthly "service charge' to see them go at it, face to face.
A fortuitous combination of ravenous bacteria, ocean currents and local topography helped to rapidly purge the Gulf of Mexico of much of the oil and gas released in the 2010 Deepwater Horizon disaster, according to a new study by the National Academy of Sciences. "There was a lot of doomsday talk" at the time, but "the ocean harbors organisms that can handle a certain amount" of pollutants. [View news story]
Don't tell the haters, that oil is natural too!
We should harvest all that oil, in order to burn it, so that it does not pollute any further.
ATW, RIG
BTW: I do expect them to challenge this story, as a Dick Cheney conspiracy.
Paul Krugman finds Mitt Romney's claim that Pres. Obama lost 2M jobs "deeply misleading," since the U.S. economy lost 3.1M jobs in the president's first six months but has since gained 1.2M jobs. Yet Romney takes credit for creating 100K jobs at Bain Capital “based on current employment figures, not the period when Romney worked at Bain." [View news story]
- 1.2
_________
1.9
1.9M = pretty close to 2M
I am certain Krugman has rounded in his favor to even greater extent in the past.
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
http://bit.ly/yejhe4
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
http://bit.ly/wsDkwy
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
Volunteering? Really?
It's all part of the illusion you are buying into.
http://bit.ly/vFiKJW
http://bit.ly/tutGpf
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
The point of this story is they can (and do) call loans in full for those that are current on payments under the existing agreement.
Ironically, as they are so big, many businesses that will be affected and fail as a result, are counterparty to other businesses that owe BAC money as well.
They will seal their own fate.
That's what bad management does.
Sadly, it is likely only common shareholders will suffer.
Thereby they seal their own fate
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
Why don't you post a story of how BAC benefits society.
Hard to find I guess.
http://bit.ly/xOGJ4R
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
It appears the principal balance matters after all.
Bank of America (BAC) is increasingly cutting off lines of credit to small businesses and demanding they pay their balances in full or offering repayment plans at very high interest rates, according to an LA Times story. One business owner says he has cut staff from 200 to 80 after the bank told him the $96K debt his business owed must be repaid in full before the end of January. [View news story]
Don't tell Bbro.
According to Steve Keen's Debtwatch, the coming decade (or two) hinges on one thing: how quickly the U.S. can move through the damaging process of debt-deleveraging. (Manifesto alert - this one's a doozy.) [View news story]
Some people really never do learn.
No sooner than Verizon (VZ) says it had fixed the latest outage of its high-speed data network, it irks customers further with news it will start charging a $2 "convenience fee" for every payment made over the phone or online with their credit cards. The company says the move is necessary to help pay for "single-bill payment options." Perhaps it should have consulted Brian Moynihan first. [View news story]
Verizon just caved.
No Fee!
Despite all of Iran's blustering, closing the Straits of Hormuz would not be as easy as it claims, say U.S. analysts. Iranian boats are too small, and don't have the capability to sustain a prolonged blockade. It would be a harassment effort at best. Besides, analysts say, any attempt will be met by an immediate response from the U.S. Fifth Fleet based in Bahrain. [View news story]
Would be fun too, as it could happen without a single boot on the ground.
No sooner than Verizon (VZ) says it had fixed the latest outage of its high-speed data network, it irks customers further with news it will start charging a $2 "convenience fee" for every payment made over the phone or online with their credit cards. The company says the move is necessary to help pay for "single-bill payment options." Perhaps it should have consulted Brian Moynihan first. [View news story]
I am refering online E-check however, withought a true "credit card" number involved.
We shall see.