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Non-Tech : Banks--- Betting on the recovery -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (1206)10/25/2010 2:28:01 PM
From: tejek  Respond to of 1428
 
this is high-stakes poker.

I have all the monolines on my watch list and have made some good money off them in the past.....primarily RDN and PMI. However, the above comment suggests caution right now. I continue to wait and watch.



To: Hawkmoon who wrote (1206)10/30/2010 7:05:31 PM
From: Sr K  Read Replies (1) | Respond to of 1428
 
From that link, there are 2 comments by poster ted ford. This is the later one.

2010-10-26 11:33:07
ted ford
RE: I have lost respect for John Mauldin
Mauldin's primary source for this piece is Manal Mehta of the startup undercapitalized hedge fund Branch Hill Capital whose first venture is to orchestrate an illegal bear raid on Bank of America. In his last venture, Mehta and his partner Ron Beller lost their investors $2 billion when their London based hedge fund blew up. Chris Kotowski of Oppenheimer describes Mehta's "research" on Bank of America as "sloppy and overblown". This is the garbage Mauldin is fobbing off on readers at Minyanville and elsewhere. Mauldin and Steve Sears at Barrons have been had by Mehta. Barrons had the integrity to pull Sears column from their website yesterday once editors there realized what has happened. Mauldin has shown himself to be lazy and gullible to have been sucked in by Mehta. Minyanville should remove Mauldin's piece from its website as Barrons removed the Steven Sear's column which similarly regurgitated Mehta's devious thesis.

As for Minyanville, I am seriously considering cancelling my subscription over this one. I am furious. There are standards of journalistic integrity which must be adhered to. This type of garbabge doesn't meet that test.



To: Hawkmoon who wrote (1206)11/8/2010 11:31:00 AM
From: tejek  Read Replies (1) | Respond to of 1428
 
I think you're learning why the monolines can be dangerous. They still have too many financial problems and require lots of cash. Consequently they keep doing these very delutive stock issuances like RDN is doing today:

reuters.com