billion, "All he had was hope. Can you imagine...sitting there watching it fall and not doing anything because supposedly his cost was in the pennies? ROFL!!!!!!"
Are you sending e-mails to Warren with all this wisdom you possess. Just think about all the funds he has available to invest, what could he have accomplished if you had shared your investment knowledge with him.
billion, " The Big Three faced criticism for their lineups, which were seen to be irresponsible in light of rising fuel prices."
I would use that as a talking point to prove my point that the big three were poorly managed.
I am not much of a Bove fan but here are some comments:
"One of the most visible bank analysts in the U.S. is sitting in his library at home, describing the anguish he feels when big banks are in the headlines. “My stomach is shot because I get so upset,” he says. “Something will come out in the press, and I’ll read it and start walking around, and about three o’clock in the morning I finally stop, because I get tired enough that I can go to sleep.”
The major banks’ misdeeds aren’t what drive Bove to pace his suburban Tampa cul-de-sac. He does it, he says, because politicians and the public aren’t sufficiently appreciative of all the good that JPMorgan Chase (JPM), Goldman Sachs (GS), and other too-big-to-fail financial institutions do for the U.S. Stoked by a misleading press, Bove says, the public wrongly blames the banks for the 2008 credit crisis, and the laws enacted in its wake are harming consumers and the U.S.’s standing in the world economy." FWIW
Apologies for the financial post on this USB harassment, political and religious forum.
Chick, you are indeed correct about the bizarre day and I think the programmed selling and buying drove the prices. I was disappointed in the RF performance compared to other financials I look at daily.
Every day brings a new drama on the USB harassment, political, and religious forum.
Today we have two posters debating which one has the largest AH. The exciting discussions that follow will reveal how they prove which one is correct.
The real "hoot" will be the discussion on which one has the worst stink.
billion, "Their cars are competing with Detroit and that was one reason why our auto companies needed a bailout."
Could you present two or three pieces of evidence that proves competition was the problem and not poor management on the part of US auto makers.
Foreign competition had nothing to do with all the US auto companies that went out of business since the 1950's. What happened to them.
Well, if you read the thread, I started it, and the content was not about opinions but about yahoo and their failure to run a financial forum. They will not accept financial post, yet they will accept post that are harassing, trashing, bashing, political or religious.
billion, everybody has an opinion and all are certainly entitled to their opinion. My opinion is that yahoo could care less about running a financial discussion forum and this board is evidence of that. A few years ago I read a board that would not tolerate over 90% of the post made here.
I just posted a financial post about USB on this forum and yahoo deleted the post, yet they will accept anything anyone wants to post that is harassing, trashing, bashing, political or religious.
Dang, good post. Yahoo has a lot of of posters who know all the facts after they occur. The funny thing is those same posters who are always correct calls other posters "resident expert".
jr, long time no post. Good to hear from a familiar and enjoyable poster. Happy holidays to you and the family, hope all is going good for you.
Post more often.
Actually I can't tell the difference between the Repubs and the Demos. Neither cares about anything but the money, benefits and being re-elected. Both are losers.
Richard Davis on compliance today.
"It then used just to be in the conversation, even two years ago I wouldn't have brought it up. But I think compliance is now the watchword for success. All of your performance financially doesn't get credit unless you're compliant, when you're doing things perfectly all the time. And so, we have to invest a fair amount of expenses into doing things right the first time and to accrue the kind of trust you need to have from your regulators to enjoy, I think, what will be a long-term success. And that's an investment curve right now for all of us that I want you to be paying attention to.
The net result is that almost all of the nation's major banks have seen an uptick in their core efficiency ratios, meaning that there's less revenue left over for shareholders at the end of the day. For its part, U.S. Bancorp, a notoriously efficient operation, reported a 200-basis point year-over-year increase in its efficiency ratio in the most recent quarter." FWIW
Sorry for posting financial information on the USB harassment, political and religious forum.
billion, " Perhaps you should ask why you are posting on a Yahoo forum."
My question would apply to me as well as other posters in the context in which it was asked.