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

To: Bank Holding Company who wrote (203671)	5/22/2009 11:36:33 AM
From: Jim McMannis	Respond to of 306849

Definitely buy...how can they let a bank with "'merika" in their name, fail? General Electric is a no-brainer...Obamaba and Immelt are tight.

To: Bank Holding Company who wrote (203671)	5/22/2009 1:35:50 PM
From: saveslivesbyday	Respond to of 306849

"Is BAC on the conviction buy or conviction sell list at GS?" It's on both - the sell side analysts have one set of trading programs for the GS computers, and the buy side analysts have another set of algorithms. The proprietary trading department doesn't care - they just make sure they get the tip-off memo the night before it's released publicly, so that they can make the necessary tweeks in the computer programs, and to be sure the computers don't malfunction at the open when there is a flurry of trades.