The TBTFs Have Take Out Almost All Their Post-March 2009 Gains

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Wed, 10/05/2011 - 01:01 | 1740221 riley martini
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 It would be no surprise if they failed without more welfare . All the TBTF have done is take bonsuses pay bribes and in return they dump $trillions of bad loans and bad bets on backs of the American people . The TBTF should have failed in 2009.

Wed, 10/05/2011 - 01:20 | 1740255 cdude
cdude's picture

Actually, he TBTFs should have failed in 2008. In a greater sense they "failed" to be responsible financial institutions after the glass-steigel restrictions were nullified and the whole MBS scam was birthed.

Wed, 10/05/2011 - 03:56 | 1740377 AldousHuxley
AldousHuxley's picture

Bernanke is with #OccupyWallStreet


"I think they're really touching a nerve," Sen. Bernie Sanders said Tuesday of protests on Wall Street that have inspired demonstrations from Burlington, Vt., to Los Angeles. "The nerve is that the average American understands that as a result of the greed and the recklessness and the illegal behavior on Wall Street, these guys plunged us into the horrendous recession that we're in right now." Even Federal Reserve Chairman Ben Bernanke allowed that there was "excessive risk taking" by Wall Street when Sanders questioned him on Tuesday about the root causes of the recession and the concerns voiced by protesters. "They blame, with some justification, the financial sector with getting us into this mess," Bernanke told another member of the Joint Economic Committee. "I can't blame them," he added.


The Great Bernank, let these TBTF banksters fail and world will start anew.

Tue, 10/04/2011 - 20:51 | 1739716 prophet
prophet's picture

Posting two week old marketing collateral gets you contributor status.  I guess contributor has multiple meanings.  

Tue, 10/04/2011 - 20:33 | 1739666 juggalo1
juggalo1's picture

I need a little bit more context on why the line you drew is significant.  How is that support?  It looks like just an arbitrary line to me. It doesn't look like it marked a major high or low, or a change of direction or a point the market bounced around for long.

Tue, 10/04/2011 - 19:58 | 1739583 Fíréan
Fíréan's picture

 Yes the markets are crashing , time to make a profit, whoop dee doo.Just what we've all been dreaming about.

Sounds like Alessio Rastani.

Tue, 10/04/2011 - 19:43 | 1739540 SILVERGEDDON

People are looking for SOCIAL CHANGE, not SPARE CHANGE! Smart money is on withdrawing EVERYTHING you got tied up in a bank account of any description. Invest in lead, copper, groceries, solar power, firewood, community, and claymores. 

Tue, 10/04/2011 - 19:02 | 1739426 SwingForce
SwingForce's picture

Hey how about PNC? Owns 25% Blackrock?

Tue, 10/04/2011 - 18:27 | 1739319 Buck Johnson
Buck Johnson's picture

BOA is done, BOA is done.  They are doing everything they can to stop people from moving their money out.

Tue, 10/04/2011 - 20:27 | 1739649 ozzzo
ozzzo's picture

You mean, like, charging $5 to use your debit card? I think you mean to say "They are doing everything they can to self-destruct as quickly as possible."

Tue, 10/04/2011 - 17:06 | 1738986 dcb
dcb's picture

I've been a bit ctitical of your posts, not enough ifo of where you get your ideas, or support of them. Much better.

now, I didn't buy into the first rally, and admit have put some money to work into the financial sector now that they are down so much. I'll trade ultra short financials as a hedge, yeah not the best, but good.

I look at tlt trading at the height of the financial crisis, wonder how much higher they can go, so that's why I am thinking now is the time to be buying on dips. I also admit doing vanguard european etf. with currency hedges. in general I try to trade the charts as a weekly. got stopped out of the shorts today (twice actually), but, I was buying at the open this morning, not too bad. we shall see?

the shorts has a stop loss, where I sold at the open, bought lower, as the market turned around (dropped) in the after noon (not at the bottom, raised my stops and too a nap. (sds at 27.00). sco at 68.86, eev at 49.00, tlt at 123.

Tue, 10/04/2011 - 17:09 | 1738996 dcb
dcb's picture

oh, sold 1/2 my uup yesterday, didn't stop out fully today (22.37) i it gaps, fine, I'll eat it and put the stop back at the weekly low. likely if that happens to put some buy stops on uup as well again.

Tue, 10/04/2011 - 17:03 | 1738978 Sambo
Sambo's picture

Great rally in the stock market. I wonder who bought all the stocks?

Tue, 10/04/2011 - 18:06 | 1739248 pitz
pitz's picture


Tue, 10/04/2011 - 16:23 | 1738742 metastar
metastar's picture

Of course the FED supports the TBTFs. The FED is the TBTFs! That is the problem which must be resolved if we are to restore freedom and capitalism to this country.

Tue, 10/04/2011 - 15:40 | 1738409 pitz
pitz's picture


Tue, 10/04/2011 - 15:30 | 1738372 jmcadg
jmcadg's picture

Read to the word 'joke'. Then switch off.

Tue, 10/04/2011 - 15:26 | 1738345 Conax
Conax's picture

I just tamped a big bowl of hopium and reached for a light, then I read this.


Tue, 10/04/2011 - 15:11 | 1738259 williambanzai7
williambanzai7's picture

Good investing indeed

Tue, 10/04/2011 - 19:07 | 1739444 malusDiaz
malusDiaz's picture

Do you want to Occupy Wall Street?  Then withdraw 100$ in change and do something about it.


Do you REALLY want to Occupy Wall Street? Then spread the word and withdraw 200$ in change.

Do NOT follow this link or you will be banned from the site!