Long after AAPL becomes another Kodak, the Federal Reserve, the most powerful entity in the history of man, will still be feeding its TBTF bank owners with a firehose and stamping out all competition to its TBTF bank owners since it is now the 'regulator' of the banks that own it. Sell AAPL. Buy FAS. Even Buffet is immersed in the Fed's TBTF bank owners. He knows that the Fed, not Congress or any other governments of any nations, is the true global power and that the Fed has only two goals: maximize the profits of their US and European owner TBTF banks, and eliminate ALL competition from Regional Banks, Credit Unions, and governments through regulation.
Celebrating Bernanke's Superdebt Superbubble III.
Janet will just have to pump it up to 2130 in the next few days to make her buys 'good'...oh wait...the Fed pumps it every day already.
It just doesn't get any better than this.
SCTY is not a solar company. It is a Financial Engineering company, and should be classified as a Homebuilder / Home Improvement company with Goldman-esque financial aid packages from the US Government (taxpayers). The solar cells are incidental. The real beauty is that they suck the Windfall carbon credits directly, then 'lease' to homeowners who could care less about anything except what their monthly payments will be vs. utilities savings. An adventuresome homeowner could get a HELOC and have the system installed, getting both the Carbon Credit plus the HELOC tax writeoff, but most people don't care about going the extra mile to save $10,000++ over the lifetime of the panels; they only want what's 'easy'.
SCTY additionally has a huge end customer; WMT. I suspect that WMT, unlike homeowners, gets some pretty good concessions from SCTY for their installations.
windfall covered call/put $300 money (and free Fed money) to let it squeeze, while the SEC watches Christmas porn.
Goldman at its finest.
This has got to be at least as good as bad porn.
It just doesn't get any better than owning your very own regulator!
They don't need better engineering, ideas or execution. Like all New Paradigm companies they only need better accountants and tax lawyers ... and lobbyists.
What's going on? This is Chanukkah; the Fed is doing all this only for its masters. The bond spread widened and the Fed's stock market is back in Bubbleland. I don't get it.
Another stocking stuffer, from the Best Congress that Money Can Buy.
Thank you, Jamie, for ensuring that the Best Congress that Money Can Buy got the correct message from their 'real world' masters. Now that the TBTF banks have another "all clear" from their captive Congress, it's time to order Schumer to tell the Fed (again) to get back to the business of feeding its TBTF banks.
last night. I don't get it.
Plus they get magic ZEV mystery money from other manufacturers who jack their prices up to transfer the free money to TSLA. California leads this 'stealth wealth' transfer.
Becoming a Bank Holding Company will place EXXI under the full protection of the Federal Reserve as well as having the Federal Reserve be its new regulator! In addition the Fed will ensure that all of EXXI's competitors are punished out of existence and also ensure that taxpayers and the middle class reward EXXI for any reckless bets it places but loses on with 'double profits' on each loss. The Fed will always make every calculated move with only EXXI's benefit in mind, even to the detriment of people, economies, and entire nations. EXXI will be on the same 'fully protected with the full faith and credit of the Federal Reserve' status as Goldman Sachs, JP Morgan, Wells Fargo, Citigroup, all the Major Insurance companies, Barclays, the Bank of England, Deutsch Bank, Morgan Stanley, and General Electric.
It just doesn't get any better than this if you're one of the Fed's special TBTF banks.