[davelj]

I must have missed something. Who are the “you suckers” on this site that “sell low and buy high”? I haven’t seen a lot of bullish stock sentiment here.

[davelj]

I must have missed something. Who are the “you suckers” on this site that “sell low and buy high”? I haven’t seen a lot of bullish stock sentiment here.

[davelj]

I must have missed something. Who are the “you suckers” on this site that “sell low and buy high”? I haven’t seen a lot of bullish stock sentiment here.

[davelj]

I must have missed something. Who are the “you suckers” on this site that “sell low and buy high”? I haven’t seen a lot of bullish stock sentiment here.

[davelj]

Jim Cramer on the BAC-CFC merger (and others):

http://www.thestreet.com/video/10406994/index.html#10406994

Jim Cramer’s only good to listen to if you’re trading for the next five minutes. But… he does give you a good idea of what people are thinking at a particular moment in time.

If he’s suggesting, as he does here, that BAC should abandon the CFC merger then I guarantee you that BAC’s investors are telling the company the same thing.

[davelj]

Jim Cramer on the BAC-CFC merger (and others):

http://www.thestreet.com/video/10406994/index.html#10406994

Jim Cramer’s only good to listen to if you’re trading for the next five minutes. But… he does give you a good idea of what people are thinking at a particular moment in time.

If he’s suggesting, as he does here, that BAC should abandon the CFC merger then I guarantee you that BAC’s investors are telling the company the same thing.

[davelj]

Jim Cramer on the BAC-CFC merger (and others):

http://www.thestreet.com/video/10406994/index.html#10406994

Jim Cramer’s only good to listen to if you’re trading for the next five minutes. But… he does give you a good idea of what people are thinking at a particular moment in time.

If he’s suggesting, as he does here, that BAC should abandon the CFC merger then I guarantee you that BAC’s investors are telling the company the same thing.

[davelj]

Jim Cramer on the BAC-CFC merger (and others):

http://www.thestreet.com/video/10406994/index.html#10406994

Jim Cramer’s only good to listen to if you’re trading for the next five minutes. But… he does give you a good idea of what people are thinking at a particular moment in time.

If he’s suggesting, as he does here, that BAC should abandon the CFC merger then I guarantee you that BAC’s investors are telling the company the same thing.

[davelj]

Jim Cramer on the BAC-CFC merger (and others):

http://www.thestreet.com/video/10406994/index.html#10406994

Jim Cramer’s only good to listen to if you’re trading for the next five minutes. But… he does give you a good idea of what people are thinking at a particular moment in time.

If he’s suggesting, as he does here, that BAC should abandon the CFC merger then I guarantee you that BAC’s investors are telling the company the same thing.

[davelj]

This deal baffled me when it was announced and continues to baffle today. Even more so, as you point out, is the fact that Ken Lewis is generally regarded as a fairly shrewd guy. I just don’t get it. If this deal falls through there’s a 90%+ likelihood that CFC will fail. It has a horrible asset quality problem, limited liquidity, and a tsunami of lawsuits waiting in the wings. I think – “think” being the operative word – that ultimately this deal won’t get done. If it does get done, however, then I’ll have to assume that the regulators gave BAC some enormous benefit (such as allowing it to increase its deposit base beyond the current 10% US market share threshold) that dwarfs the losses they’ll take on CFC. I just can’t think of what that benefit would be.

[davelj]

This deal baffled me when it was announced and continues to baffle today. Even more so, as you point out, is the fact that Ken Lewis is generally regarded as a fairly shrewd guy. I just don’t get it. If this deal falls through there’s a 90%+ likelihood that CFC will fail. It has a horrible asset quality problem, limited liquidity, and a tsunami of lawsuits waiting in the wings. I think – “think” being the operative word – that ultimately this deal won’t get done. If it does get done, however, then I’ll have to assume that the regulators gave BAC some enormous benefit (such as allowing it to increase its deposit base beyond the current 10% US market share threshold) that dwarfs the losses they’ll take on CFC. I just can’t think of what that benefit would be.

[davelj]

This deal baffled me when it was announced and continues to baffle today. Even more so, as you point out, is the fact that Ken Lewis is generally regarded as a fairly shrewd guy. I just don’t get it. If this deal falls through there’s a 90%+ likelihood that CFC will fail. It has a horrible asset quality problem, limited liquidity, and a tsunami of lawsuits waiting in the wings. I think – “think” being the operative word – that ultimately this deal won’t get done. If it does get done, however, then I’ll have to assume that the regulators gave BAC some enormous benefit (such as allowing it to increase its deposit base beyond the current 10% US market share threshold) that dwarfs the losses they’ll take on CFC. I just can’t think of what that benefit would be.

[davelj]

This deal baffled me when it was announced and continues to baffle today. Even more so, as you point out, is the fact that Ken Lewis is generally regarded as a fairly shrewd guy. I just don’t get it. If this deal falls through there’s a 90%+ likelihood that CFC will fail. It has a horrible asset quality problem, limited liquidity, and a tsunami of lawsuits waiting in the wings. I think – “think” being the operative word – that ultimately this deal won’t get done. If it does get done, however, then I’ll have to assume that the regulators gave BAC some enormous benefit (such as allowing it to increase its deposit base beyond the current 10% US market share threshold) that dwarfs the losses they’ll take on CFC. I just can’t think of what that benefit would be.

[davelj]

This deal baffled me when it was announced and continues to baffle today. Even more so, as you point out, is the fact that Ken Lewis is generally regarded as a fairly shrewd guy. I just don’t get it. If this deal falls through there’s a 90%+ likelihood that CFC will fail. It has a horrible asset quality problem, limited liquidity, and a tsunami of lawsuits waiting in the wings. I think – “think” being the operative word – that ultimately this deal won’t get done. If it does get done, however, then I’ll have to assume that the regulators gave BAC some enormous benefit (such as allowing it to increase its deposit base beyond the current 10% US market share threshold) that dwarfs the losses they’ll take on CFC. I just can’t think of what that benefit would be.

[davelj]

“Faced with the choice between changing one’s mind and proving there is no need to do so, almost everyone gets busy on the proof.” – John Kenneth Galbraith

That pretty much sums up George Chamberlin’s views on real estate and the economy.

[Author]

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