Banks to Give Customers the Boot, Analyst Dick Bove Says

Too funny! "Yeah, we offered the service for this price, but it really isn't that profitable if a lot of people use it, so piss off!" Is this a sign that the gold bubble is about to pop or just the beginning of the demand?

Why should they want our business. It's the government doing home loans now and handing the banks billions to play the stock market. The shock will come when they want our money back it will cost them double digit interest rate... see Iceland, it's your future. McDonalds have even left Iceland because they couldn't do business in a high inflation environment! LOL :D

The d... democrats and the idiots who vote for them and their support of labor unions have destroyed millions of jobs and thousands of businesses. I want a balanced budget, lower taxes and liberty. I do not want more government "services". Thank you very much.

Banks will always nail you any way they can // How else to pay John Doe a 2 millions $ Bonus // Keep your Money under the matress and stop giving it to the banks

It is your business to change it for better..............What is the best folks...........You know the faults and the solution better than I.

So glad we used tax dollars to keep them around. Most industries would feel a little more obligation to the public, but not these guys I guess. Beat them to the punch and see your local credit union. You'll be pleasantly surprised.

US Customers should outsource their banking. Dump these bloated corporations that serve only the CEO and BOD. 1) Their savings are safer in another currency 2) Fees are probably lower as the CEOs of foreign banks are paid 10x lower.

"Banks to Give Customers The Boot, Analsyst Dick Bove Says" ANALSYST Dick bove. They got THAT right !!!!

This guy is talking out of the side of his mouth. First he says bank shares are a terrific bargain then he says banks are cutting back on their primary means of making money, loans. The Easy trade is over. The money that banks made trading stocks for the past two quarters is pretty much exhausted. And I certainly don't see them making much money on loans in the future given the debt load of the average American and the Government itself.

I spoke to my bank contact. He said Bove was a bubble head. The Customer base is exactly what the banks want and need, according a JPMorgan spokesperson.

Bove is the worst analyst ever. He asked people to stay away from BAC and C 5 in 2008 and few months ago he asked people to buy these stocks. Had people listened to him, they would have missed the whole rally. I wonder all these bears on cnbc saying that market is way overvalued and yet they didn't make a move when the market was undervalued. It makes me want to laugh when listening to all these guys.

Bove is the worst analyst ever. He asked people to stay away from BAC and C 5 in 2008 and few months ago he asked people to buy these stocks. Had people listened to him, they would have missed the whole rally. I wonder all these bears on cnbc saying that market is way overvalued and yet they didn't make a move when the market was undervalued. It makes me want to laugh when listening to all these guys.

Watch this Max Keiser prediction from 2007 on Iceland and understand it applies to the USA too. http://www.youtube.com/watch?v=wFzUR1k3ku4

Hey Art...How are you enjoying the liberty you have on weekends? Brought to you by labor unions, by the way.

Art - I want a balanced budget, lower taxes and liberty too... but the last time we had a truly balanced budget (net borrowing did not go up in the fiscal year) was in the 50's. Since then we had Kennedy, Johnson, Carter, Clinton and Obama; but we also had Nixon, Ford, Reagan, Bush I and Bush II. I'm not defending Democrats but I don't think the Republicans have done better. Just looking at fiscal status, Bush II and Johnson were the worst. Both spent lots of money, mostly on the militarty-industrial complex, with no realistic plan to cover the expense.

Remember--all this gov't activity began in order to avoid banks' shutdown. The US public was told that life-as-we-know-it would end if the banks ever shut down.

What’s new? Businesses (not just banks) have gotten too big for their britches. Nowadays, they treat EVERYONE like an employee. Everyone is meant to serve a purpose for business: The employees with their labor, and the customers with their money. Now that the employees have been thoroughly beaten down, it’s time to crack the whip at those worthless customers - time for those slackers to GET WITH THE PROGRAM! What ARROGANCE.

"Solar" said:bANKERS SUCK, even more than a drunken foreigner on a financial blog! I agree! Take your business down the street. There are small banks and credit unions available. I hate my tax dollars being used to subsidize crooked, overpaid, arrogant fat cats! Big banks, AIG etc are the new Halliburtons and Blackwaters. Lawmakers need to wake the F**K up!!!

that's fine... why don't all the Americans withdraw all their money out of their banks just this christmas and see who is the greatest loser ? after all, the bailout is using the taxpayers' money so rightfully it belongs to the people. The banks and even the administration IS NOTHING without the people. WAKE UP Americans! It's time to punish the WALL STREET and the administration. Take all your money your government has given to the banks... You ain't gonna to wait for the next election. What is WALL STREET without MAIN STREET.

"The d... democrats and the idiots who vote for them and their support of labor unions have destroyed millions of jobs and thousands of businesses. I want a balanced budget, lower taxes and liberty. I do not want more government "services". Thank you very much."........The labor unions became laughable. Car assembly line workers think they actually do work that is worth $90k a year? For a job that just requires a few weeks training?