for special favors these same Congressmen are Directors and Officers across Corporate America doing nothing but racking in huge salaries. Forget about Dems verses GOP its about Greed and Americans have to pay for it. Through taxes and share value here in the stock market
it took the author years to trace the handshakes and Earmarks. A bridge to no where the $8B airport that makes one flight a week. These Congressmen watched this money misappropriated and kept quite to get their Earmark. A first term Congressmen on average is worth $250k after one term $7M. Don't be fooled. I placed a hold on the book at the library, took 6 months to actually get it. All these people are dirty. Reagan was the only president to shame Congress, Trump will be the next. Its got to stop, I support Term Limits
lowest rating dropped any reference of Target. this turd is down the toilet
hrMay 6, 2016 Commentary
Wells Fargo stumbled out of the gate in 2016, hindered in part by the choppy equity markets. The lender earned $0.99 a share in the first quarter, compared with our forecast of $1.05 and the $1.04 logged in the year-earlier period. Net interest income, at $11.7 billion, advanced 6% from the prior-year total, but was slightly off the pace we had anticipated. Too, noninterest income edged up only 2%, to $10.5 billion, as higher service charges and card fees were partially offset by negative comparisons on trading securities. Meanwhile, noninterest expense expanded 4%, to a lower-than-expected $13.0 billion, and the provision for credit losses, at $1.1 billion, was well above the prior-year total of $608 million. On the plus side, credit quality has generally been heading in the right direction. The allowance for loan losses and nonperforming assets improved to 1.34% and 1.43%, respectively, in the first quarter, versus
the 1.51% and 1.72% reported in the comparable 2015 period. Net charge-offs expanded from 0.33% in the previous year to 0.38%, but the measure was still in the respectable range. At the same time, Tier-1 common equity increased 2.5% year over year, to $142.7 billion, while the Tier-1 common equity ratio (under Basel III, fully phased-in) was nominally lower, at a still-decent 10.6%. We've adjusted our current-year bottom-line estimate to reflect the still-challenging operating climate. We've trimmed our forecast for net interest income from $47.9 billion to $47.0 billion, while raising our expectation for credit losses from $2.4 billion to $4.0 billion. All told, we've reduced our 2016 share-net call by $0.45, to $4.15. And, with this Issue, we're introducing our 2017 earnings target of $4.50 a share. Wells Fargo shares offer decent total return potential 3 to 5 years out. The board modestly increased the quarterly
Rank & rating changes:3
5/6/16 - Technical rank down
6/10/16 - Technical rank Upgraded Comm
6/17/16 - Time
I listened to the detail jobs report. Growth came from Entertainment Parks workers, Childcare, fast food workers all seem to be in the minimum wage category as the market soared. Unemployment 4.7% while 92,000,000 and growing on welfare. It seems we are headed for full employment at 4.5%, Somebody is lying
Amusement Park employees, Child care including baby sitters, Fast Food workers. Then the market soared. We should have concern over such numbers. Like the unemployment 4.7% of which 4.5% is considered full employment while 92,000,000 are on food stamps. While 47% of the population do not pay income tax. I am tightening my stops.
then of course Putin invaded the Ukraine. Now Obama wonders why Europe does not trust him. Obama is dangerous,
nations forefathers. Our nation will become a one Party hell hole feeding America will freebees for the vote. Illegals will become citizens over night. Hillary has 265,000 on the march and 20,000,000 illegals already her. It amazes me the following of the Liberal Horde so willing to give up their freedoms. Government agencies will be used to subvert our freedoms.
xxxxxxxxxxxxxxxxxxxxClinton’s boss, Jerry Zeifman, the general counsel and chief of staff to the Watergate Committee, claims he fired her because she was working to impede the investigation and undermine Nixon’s defense.xxxxxxxxxxxxxxxxxxx
Veterans are not getting the mental health they deserve suicides every day. Veterans are still getn screwed people are tired of reading about it. Obama does not care. Hillary laughs
Carter spoke up for gay marriage then he said There is no Scripture to back up for it. So why not keep your mouth shut. I voted for him but he has caused more harm then good. He was the Worst in my life time until Clinton until Obama. Worst of all time Obama Clinton then Carter.
her top advisor was asked of her accomplishments as Sect of State. After a long pause he said, WELL SHE TRIED. In Benghazi Hillary got people killed then later denied that any body got killed. This gal obviously has other priorities and Americans are not one of them. Even the lives of Americans.Even the lives of an Ambassador
Hillary was constantly lying during the Watergate investigation. The fired her and took her license to practice law. An audio exist of her hideous laugh after getting a rapist off the hook. HILLARY IS SO DIRTY SHE STINKS
as a Senator she did nada, like Obama nada but vote with GOP to invade the Middle East. When Hillary's Top Advisor was asked of her accomplishments as Sect of State he said after a long pause. WELL SHE TRIED. Today she has collected a bunch of money from leaders in the Middle East. This is interpreted at Money for Favors. Hillary is on record Laughing after getting a rapist off on a 12 off on a technicality. Hillary got fired and lost her Law License for constantly lying during the Watergate Investigation. SHE IS A LYING WITCH
Ken Griffey Jr was a great guy enjoyed his play. The story is probably deeper, what happened to Blacks in America? all the dads ran away. I feel blacks have fallen for the Dem Liberals lie, Hillary Working for US. Blacks have the highest unemployment in America Dems have never had Blacks on their priority list. Dems keep them all on welfare for the vote.
Obama has revealed over time he wants a one Party Socialist society.
you said never accepted Obama as President, but didn't we elect him? he hid his agenda from Americans with Hope and Change. Americans love our country Constitution, Supreme Court and Congress. Obama has dissed it from day one. Americans don't want that, its simple.