no details about the losses applied to the loan portfolios . . . lots of vague stuff, no details as usual or transparency, no parameters, no tangible equity buffer, no numbers, etc. 3 handle pop in the S&P is a sale.
I got in yesterday at .65 on those FAS $10 strikes. I am taking my whopping 35% profit here on the news and running. This thing could flip flop either way right now. No need to be a hero.
any report from the government is always skewed. At least with Obama it won't be as bad as with Bush but stress test my ass. If i get it too hard i will scream. Same with the banks. I can make a losing bank look like its a screaming winner with # manipulation. this is all a joke. Here's my stress test. If consumers dont have jobs and money the economy will get worse. Why don't u use that stress test and tell me what you come up with.
Stall and delay. Stall and delay. The Fed won't enforce anything. They will turn and look the other way. They will talk "tough" but they will do nothing. It's all about TIME.