Archive - Jul 2011 - Blog entry
July 20th
Large Bank Earnings: Good (WFC), Bad (C, JPM), and Very Ugly (BAC)
Submitted by rcwhalen on 07/20/2011 12:13 -0500The negative trend in Bank of America's financial results over the past several quarters is deeply troubling and, as we have long predicted, may suggest an approaching Dodd-Frank restructuring is in the cards.
Economics Professor: "[We’ll Have] a Never-Ending Depression Unless We Repudiate the Debt, Which Never Should Have Been Extended In The First Place"
Submitted by George Washington on 07/20/2011 11:01 -0500There's regular debt honestly incurred - which people shouldn't be deadbeats on. We should be responsible and repay our debts! Tut then there's "odious" debt ... a different animal altogether
Fraud Digest | Robo-signed – Who’s Signing Now? Mers, Assignments and Trusts
Submitted by 4closureFraud on 07/20/2011 10:18 -0500Signers come and signers go, but the practices of banks and their servicers remain the same.
House Trap and Women's Soccer has their 15 minutes
Submitted by apeakunderthehood on 07/20/2011 10:00 -0500It ended in a shoot-out? What is this, the Wild Wild West???
OTPP Swaps Assets With Australia's MAp Group
Submitted by Leo Kolivakis on 07/20/2011 08:13 -0500Australia's MAp Group has agreed to swap airport stakes with Ontario Teachers' Pension Plan to beef up its holding in Sydney Airport...
Apple Once Again Surprises The Unsurprisingly Inept Analyst Estimates: When Will Investors Catch On To The Earnings Management Game?
Submitted by Reggie Middleton on 07/20/2011 05:53 -0500
Market Data Sheets July 20th
Submitted by Pivotfarm on 07/20/2011 05:22 -0500S&P 500, Dow Jones, Nasdaq, Russell 2000, Nymex Crude Oil, Comex Gold, EURUSD, GBPUSD, USDJPY
TiTaNiC=HUBRIS=GeiTHneR (cubed)
Submitted by williambanzai7 on 07/20/2011 04:26 -0500He had the unmitigated hubris to publish another piece of feeble hubristic trash in the WSJ at precisely the same time Citizen Murdoch was being castigated for his hubris and Goldman Sachs was reporting on the sorry quarterly result of it's...hubris.
News That Matters
Submitted by thetrader on 07/20/2011 03:19 -0500All Relevant News by www.thetrader.se
July 19th
How Greece Could Create Another Round of Systemic Risk Pt 2
Submitted by Phoenix Capital Research on 07/19/2011 19:08 -0500To say that systemic risk is a MAJOR problem for the EU would be the understatement of the year. For instance, if Portugal defaults, Spain’s banks will get taken to the cleaners. This in turn could trigger a HUGE systemic collapse as exposure to Spanish debt is equal to 4% or more of GDP for Switzerland, France, Germany, the UK, and the Netherlands.
A Trillion of revenue is on the plate
Submitted by Bruce Krasting on 07/19/2011 18:10 -0500Any of this money yours?
Anonymous Foreclosure Mill Attorney Responds to the FL Bar Ethics Opinion Approved by the FL Bar’s Professional Ethics Committee
Submitted by 4closureFraud on 07/19/2011 16:03 -0500So you see, Florida Bar, you are wrong, wrong, wrong when you say I have to bestir myself and do a darn thing about the fraud I helped my clients commit on the court. Because, I’ll tell you one thing, if one of those nice people’s affidavits was phony, they were all phony! Geez, give me a break. Seriously, whose side are you on???
Nasdaq to test resistance levels (on no volume)?
Submitted by thetrader on 07/19/2011 15:11 -0500Equities up, gold down. Are we up for a false break out on the upside? by www.thetrader.se
Did Reggie Middleton's BoomBustBlog Best Wall Street's Best of the Best In Guaging The True Value of Google? We Have To Think More Like An Entrepeneur & Less Like A Wall Street Analyst
Submitted by Reggie Middleton on 07/19/2011 14:57 -0500OTM Google calls purchased a couple of weeks before earnings returned roughly 10-20x the original investment. How did practically the entire Sell Side of Wall Street miss this opportunity while we screamed on the undervaluation of Google since last quarter? Well, you just can't plan or measure the domination of mobile computing 3 months at a time (and of course, front running clients make for more profitable trades)!
What money can buy
Submitted by ilene on 07/19/2011 14:36 -0500This lack of accountability leads to increasing bad behavior.
