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Worrying About Large-Deposit Bank Runs

i think the powers that be are simply selecting those that they think have the greatest chance of surviving the oncoming greater depression with these sweetheart deals.
Sep 27 05:22 am |Rating: 0 0 |Link to Comment |View article
Bank of America: 'Paulson Plan Benefits Mostly Goldman, Morgan'

My understanding is that Paulson had to sell $600 million of Goldman Sachs shares so he could take up his government appointment and that he did so tax free.
Sep 23 05:25 am |Rating: 0 0 |Link to Comment |View article
Will BofA Cut Its Dividend?

I am at a total loss to understand how Merrill Lynch will make any money in this brave new world. All the old BS money making games have either been sent to the dustbin or are now hugely reduced and he is going to pay the equivalent of $50 billion in BAC shares. How will this not be hugely dilutive to the company's earnings per share? Can someone please enlighten me.

Sep 22 07:48 am |Rating: 0 0 |Link to Comment |View article
Citigroup: Trading Transparency

Your last sentence is spot on. This is a market dominated by idiot gamblers. With the financials, it's a matter of picking which of the basket cases you are going to gamble in after the government has gifted them a trillion of so by taking all the toxic waste off their books. A word of warning, Cramer is telling his legion of fans to start dumping.
Sep 20 06:56 am |Rating: 0 0 |Link to Comment |View article
The Financials, the Automakers, and the Call That Cramer and All of CNBC Got Wrong

Andy I don't know why you bother with an article like this. Cramer gets it wrong again and again and again but if you dare to point this out his loyal fans will rush in and defend him to the hilt. People of low intelligence need their gurus and they infuriated by people who criticise their infallibility. I am just waiting with baited breath for Ben Stein's next offering about how it's really not that bad and if we all just hang in there and believe then everything will be just fine.
Sep 18 10:52 am |Rating: 0 0 |Link to Comment |View article
History Suggests the Financial Bottom May Be Near

History suggest you shouldn't trust anyone who calls a bottom or suggests a bottom is near, like you.
All I see is things getting worse, a lot worse.
Sep 16 10:42 am |Rating: 0 0 |Link to Comment |View article
Why Is Merrill Lynch Trading Significantly below BAC's $29 Offer?

Your last paragraph contains the best advice. This is a highly toxic industry. This deal between BAC and Merrill simply does not ring true. That's why Merrill's share price retreated to its Friday close and it's heading lower in premarket trading today. The market is saying it does not believe this deal will go ahead. It's not that stupid. God knows what Lewis is up to. Maybe he was hoping this takeover would prop the market up and prop up BAC's shareprice. Clearly that hasn't worked.
Sep 16 09:32 am |Rating: 0 0 |Link to Comment |View article
What Does Dow's Theory Tell Us About Bank of America?

Goobledegook.
By far the most important thing in investing is to try to look forward and not to look back. That's history, it's gone. Now the formerly totally indeciferable Mr Greenspan said yesterday that the problems facing the financial world are perhaps the greatest in the last 100 years.Maybe you should be writing about whether BAC will survive given Lewis' latest takeover move on Merrill which seems to verge on insanity.
Sep 16 05:45 am |Rating: 0 0 |Link to Comment |View article
What's the BofA / Merrill Synergy?

I'm with you Jeff Cross. You are so so right.
Sep 15 00:46 am |Rating: 0 0 |Link to Comment |View article
Bank of America / Merrill: Shotgun Marriage

You are spot on, Mish. BAC's move if it happens is designed to keep the skyscraper of playing cards from imploding. It could well be that Merrill's problems are greater than Lehman's so what does that say about BAC's long term viability.
Sep 15 00:32 am |Rating: 0 0 |Link to Comment |View article
Could Lehman's Failure Cause a Systemic Meltdown?

You put if perfectly The Realist.
The thing I hate most about short selling is that it allows all of these apologists to blame the practice, which I don't like by the way,
for bringing the whole financial system to the edge of the abyss. Even cheerleader number one, Mr Cramer has admitted ( I heard him say it) that he was deceived by Lehman into believing that short selling was at the seat of their problems. Reading a lot of these posts, it is little wonder America is heading down the gurgler at light speed. I just wonder how long the PPT can keep this teetering sham on two legs.
Sep 11 21:46 pm |Rating: 0 0 |Link to Comment |View article
Dow Price Targets from Last November

If you want to be successful, you have to be able to do it yourself and not rely on so called "experts" like the anal ysts.
Aug 25 14:18 pm |Rating: 0 0 |Link to Comment |View article
No Happy Ending for Auction Rate Securities Mess - Barron's

You are dead right mate. This was shocking news for these banks and investment banks and yet they all joined in the rollicking rally on Friday with big gains. So what does that tell you about this market? It's a sick joke.
They are all very cash strapped so where are they going to get the money from? Why from Uncle Ben, of course. But how long can this farce go on for?
Aug 10 11:01 am |Rating: 0 0 |Link to Comment |View article
Young Jeezy's 'The Recession': I Think We’ve Bottomed Out

I can't make head nor tail of your article other than you seem to be just another pumper looking for lemmings to test if the cliff dive is still fatal.
Up until August last year I spent five years just trading the market, but not American stocks, and I was very successful. I don't have to work again. But I was shocked in August to discover just how bad the situation was in the financial market, and it has got infinitely worse since them. There was a lot more dreadful news on Friday and the American market reacted with a euphoric rally! Oil is falling because we are facing a world wide recession. It's all a big joke. This market does not have a nanogram of credibility and should be treated with the maximum caution.
Aug 10 10:43 am |Rating: 0 0 |Link to Comment |View article
Is Countrywide Financial Headed for Bankruptcy?

Kostya you just landed a knockout punch! Well spotted. Make them accountable.

Aug 08 06:52 am |Rating: 0 0 |Link to Comment |View article

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Jim Cramer's Picks -
Sample

Better Choices - Cramer's Lightning Round (10/15/08)

by SA Editor Rachael Granby

Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.

Bullish Calls:

Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.

Bearish Calls:

Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend.
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