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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (181882)2/4/2009 6:59:11 PM
From: ajtj99Respond to of 306849
 
That breakdown targets $2.20 on BAC.

If I had a Dollar Store, I'd look to include a section selling stock certificates. Banks would be well represented.

Of course, the problem with this is it would likely cut into their toilet tissue sales.



To: patron_anejo_por_favor who wrote (181882)2/4/2009 7:03:51 PM
From: NOWRead Replies (1) | Respond to of 306849
 
Why invent a "bad bank", with the FED staring him in the face?



To: patron_anejo_por_favor who wrote (181882)2/4/2009 7:45:40 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
well, he does have discretion now on the remainder of the tarp money....and wow, look at that volume spike...

i wonder how the preferreds are trading

btw, krudblow is getting ready to do a segment on markopolos

<edit>

RE: BAC

here we go:

sec.gov



To: patron_anejo_por_favor who wrote (181882)2/4/2009 10:12:58 PM
From: Think4YourselfRead Replies (2) | Respond to of 306849
 
Agree Geithner doesn't need to create a bad bank. Lewis already did it, and got paid $155 MILLION in the last 5 years to ruin BAC.

Lewis truly deserves his number one rating among bankers. He is the number one fukc up! Only in America could someone make so much money by singlehandedly destroying a company.

Bought and overpaid for the worst credit card company.
Bought and severely overpaid for the worst mortgage company. Failed to renegotiate when a golden opportunity presented itself.

Lewis is definitely a banker.