The ones I truly feel sorry for are BOA small shareholders, people with IRAs, 401ks, company stock. The government literally forced them to take...
Ditto. And even if they cite the emergency powers (by fiat), it was a total coercion on BOA. Paulson told them sign or we'll fuck you and raise...
I disagree that they clearly have the authority. To me, and many others, that is clearly a gray area here; you are basically arguing that the Fed...
They forced the merger not to save the system -- that is total PR and bullshit. They did it to save ML. That's all. And they didn't give a shit if...
Explain specifically how the consequences, specifically, would be staggering if someone else had bought ML at a lower price, a la Bear, or not at...
I repeat show me a case where the Fed ordered a bank to take over another one or the board and senior management would be ousted. Has never...
Show me a specific example of a Fed chairman doing what the Fed did to a bank. The Fed, to my knowledge, has never forced one bank to buy or run...
Dude, I spend half my time in Sydney, and trust me Australia is not in recession and China is still cooking at 3% to 4% growth a year. Yeah, Wall...
What bullshit. Let's say ML went bankrupt. Big deal. You own unsecured stock or bonds? You knew the risk when you bought it. No different than an...
ML collapsing would not have killed the country any more than Bear Stearns or Lehman's collapse. That's a scare tactic that the master salesmen on...
I assume you own no stocks, because if you did the practice of the government, effectively, forcing a publicly traded company to cut its own...
I think Bernanke is counting on the stupidity of the American public. They have no clue what's been going on. This is all so Nixonian.
Instead of buying bonds and monetizing debt, Bernanke better start buying BOA common big time, because until that stock gets to where it would...
Somebody is going to jail for this. You watch. I bet this is Bernanke's Watergate. Man, if I was a BOA shareholder .... Talk about abuse of...
Castro getting ready to kick the bucket and some folks have an inside track? This sucker will pop to 15 the day he dies.
What kind of options does this guy buy? Way OTM, Short or long-term? Undervalue in price or does he not care if you're paying a nickel or a dime?...
Apologies. I figured out my idiocy.
I know something must be awry here, but I'm having a brain fart or something. Sell 1 near month EUR futures contract in account 1 Buy 1 near...
Any issues with the JO etf that I should be concerned about? Like daily negative compounding? The obscure part of an index it tracks? The type of...
Surprised more of this hasn't been happening lately. If someone scammed me big time, like Madoff, et cetera, I would consider hiring a pro .......
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