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Bank Of America = 6.66

Tyler Durden's picture




 

Can we all just fast forward to Tim Geithner making apocalyptic threats if he doesn't get TARP 2 to bail out Bank of America (which in turn will "help" Rick Perry) please?

 

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Mon, 08/22/2011 - 11:06 | 1585935 fuu
fuu's picture

HAHAHAHAH!

Mon, 08/22/2011 - 11:18 | 1585992 egdeh orez
egdeh orez's picture

I'm watching Final Destination 6... starring Bank of America.

Mon, 08/22/2011 - 11:21 | 1586013 Fish Gone Bad
Fish Gone Bad's picture

Fuck Bank of America.

Mon, 08/22/2011 - 11:27 | 1586052 SheepDog-One
SheepDog-One's picture

Blight on Americas problem now is everyone hates them, no one wants to sign over their kids futures to save the rats.

Mon, 08/22/2011 - 12:06 | 1586220 mophead
mophead's picture

I've been saying BofA is going to zero for months now. Not that I want them to. When they do, it will be Armageddon. BofA is the red headed step child of the banking elite.

Mon, 08/22/2011 - 12:46 | 1586437 Bananamerican
Bananamerican's picture

"Not that I want them to"

I want them to ....america needed to see this evil bankers induced horror show 3 years ago...so they'd know who to HANG

....oh, and "Fuck China" (testing the PRC response team...)

Mon, 08/22/2011 - 13:04 | 1586510 spiral_eyes
spiral_eyes's picture

sorry to be contrarian to y'all, but i don't think there's any chance of BoA bailout. why? that would be another goldman-j.p. rival taken OUT! they'll let barclays, goldman, hsbc and jp strip the carcass...

Mon, 08/22/2011 - 13:39 | 1586644 el Gallinazo
el Gallinazo's picture

They don't give a flying fuck what we want.

Mon, 08/22/2011 - 11:28 | 1586057 Phillips Capital
Phillips Capital's picture

I joined the BAC short club today. Short BAC, Long XLF hedge. let's rock and roll!!! 

Mon, 08/22/2011 - 12:51 | 1586451 11b40
11b40's picture

You should tell IQ145.....he went long last week.

Mon, 08/22/2011 - 11:28 | 1586061 Gordon Freeman
Gordon Freeman's picture

I love it when a plan comes together!

Mon, 08/22/2011 - 11:32 | 1586076 FEDbuster
FEDbuster's picture

Couldn't happen to a nicer bunch of banksters.  Maybe the FDIC can step in Friday afternoon? 

Wish I had some money to pull out of Bof A, but all I have there are mortgages (CFC legacy loans).

Mon, 08/22/2011 - 11:47 | 1586149 KnightsofNee
KnightsofNee's picture

 A couple weeks ago I suggested to my 89 year old father that he pull his cash (250,000K+) out ofBAC and move it to secure credit union. He talked to my dumb shit older brother who told him I was over reacting (the same dumb shit brother who convinced my father to sell his physical gold which he bought on my recommendation back in 99 ($350/oz) but soon sold it after my dumb shit brother told him to do so (relic and all that) So, instead of having over $1,000,000 worth of physical gold he is now going to loose the rest of the inheretance. Older brothers suck!

Mon, 08/22/2011 - 12:30 | 1586360 HellFish
HellFish's picture

Jesus, what a horrible story.  And I'm sure you're older brother will not be able to help out your father when he is destitute.

Mon, 08/22/2011 - 12:51 | 1586454 theMAXILOPEZpsycho
theMAXILOPEZpsycho's picture

Don't ever give a penny to your father or brother. Teach em some financial dicipline!

Mon, 08/22/2011 - 13:44 | 1586671 Hugh G Rection
Hugh G Rection's picture

Knights..

 

I hear you on older brothers.. My father had a patriarchal sense that son #1 should be entitled to the business and opportunity.  I had to go out into the private sector while the idiot that was born first poisoned my father's ear with the same dumb shit you speak of.  

There is no common ground dealing with a self rightous pharisee.  

Mon, 08/22/2011 - 11:33 | 1586085 DonnieD
DonnieD's picture

Fuck em in the ear. Fuck em in the other ear.

 

http://www.youtube.com/watch?v=MmYBpgAC7Uw

Mon, 08/22/2011 - 11:56 | 1586187 trav7777
trav7777's picture

at least Geithner is so short he won't have to get down on his knees to suck Pelosi's dick

Tue, 08/23/2011 - 00:40 | 1589175 Manthong
Manthong's picture

Thank you for calling Bank of Amerika. this is..

http://www.youtube.com/watch?v=GRLwKw9up3s

Mon, 08/22/2011 - 12:04 | 1586212 Turd Ferguson
Turd Ferguson's picture

Glad to see them take Merrill fucking Lynch down the toilet with them.

Mon, 08/22/2011 - 13:39 | 1586641 Hugh G Rection
Hugh G Rection's picture

"Bank of Amerikkka, we'll help you out!"

 

"All we require is the souls of a thousand children, and 10 pints of virgin blood."

Mon, 08/22/2011 - 16:21 | 1587421 Newsboy
Newsboy's picture

Speaking of Rick Perry ("my" governor), here's some dirt on the coke snorting, stripper-tipping, porn-investor. The consensus among gay guys in Austin is that Rick swings that way, too, but nobody has stood up to say they had carnal knowledge with "governor goodhair",... yet.

http://stuffedsuits.com/news/national-politics/721-fraud-rick-perry-is-political-herpes
http://www.politicususa.com/en/rick-perry-investment-porn

Mon, 08/22/2011 - 11:08 | 1585941 pods
pods's picture

And it's gone!

pods

Mon, 08/22/2011 - 11:08 | 1585944 ZeroPower
ZeroPower's picture

Awesome, 342/356 CDS - and those long Nov puts posted a few days ago are probably working as well.

Mon, 08/22/2011 - 11:08 | 1585945 Cognitive Dissonance
Cognitive Dissonance's picture

Henny Penny Timmy: "The sky is falling, the sky is falling."

http://en.wikipedia.org/wiki/Henny_Penny

Mon, 08/22/2011 - 11:21 | 1585974 Dr. Richard Head
Dr. Richard Head's picture

"Their" sky is indeed falling, so he is telling the truth to some extent.  The problem is that the machinations they use to keep their sky up is pulling "ours" down.  I look forward to the paper bugs wealth destruction coming to its final conclusion.

Mon, 08/22/2011 - 11:21 | 1586018 V in PA
V in PA's picture

CNBC, Bloomberg, BofA, Wall Street = Henny Penny
Timmy, Bernanke and Obama = Foxy Loxy

Mon, 08/22/2011 - 11:09 | 1585948 Irish66
Irish66's picture

 my post this morning CCB and Bac

Mon, 08/22/2011 - 11:10 | 1585950 baby_BLYTHE
baby_BLYTHE's picture

If you're '555', then I'm '666'!

Mon, 08/22/2011 - 11:23 | 1586022 snowball777
snowball777's picture

If you're dumb, dumb, dumb buy our shit, shit, shit.


Mon, 08/22/2011 - 11:28 | 1586058 V in PA
V in PA's picture

and you move it all about

Mon, 08/22/2011 - 11:27 | 1586056 i love cholas
i love cholas's picture

"This monkey has gone to heaven..." -Pixies

Mon, 08/22/2011 - 11:10 | 1585951 Herbert_guthrie
Herbert_guthrie's picture

BOA bank shares falling is a non-event.

Either the bank will be bailed out, and investors reimbursed.
Or it will go down with all investors on board.

It really boils down to WHO are the dominant shareholders.
If their last names don't start with 'R', then it could go down!

Mon, 08/22/2011 - 11:20 | 1586012 Hdawg
Hdawg's picture

Take your anti-semetic race hate elsewhere!!!!!

ho ho ho

Mon, 08/22/2011 - 12:08 | 1586232 Herbert_guthrie
Herbert_guthrie's picture

Sorry I don't take criticism well, but I am working on it.

How does a last name starting with R make me anti-anything?
Banksters know no nationality or crede, so why would I care where their heritage lies.

I am an equal opportunity child of the universe.
Take your narrow mind elsewhere baby.

Mon, 08/22/2011 - 14:33 | 1586951 Hdawg
Hdawg's picture

it's called sarcasm,

www.iamthewitness.com

 

 

Mon, 08/22/2011 - 15:19 | 1587190 Herbert_guthrie
Herbert_guthrie's picture

It's called I am an idiot........

Apologies Oh Worthy Knight.

Mon, 08/22/2011 - 16:57 | 1587594 Hdawg
Hdawg's picture

no worries :)

Mon, 08/22/2011 - 12:52 | 1586460 theMAXILOPEZpsycho
theMAXILOPEZpsycho's picture

Does anyone know which back Jom Rogers was short? BOA or JPM??

Mon, 08/22/2011 - 11:11 | 1585960 slaughterer
slaughterer's picture

Funny not to see a collapse in the BAC preferred series L which with the common at 6.66 should be trading much lower than $793 (par value $1000).   Equities markets fear a dilution of common stock, but not the elimination of preferred dividends.  This is not as bad as 2008-2009, when BAC-L traded down to below $300 on BK fears. 

Mon, 08/22/2011 - 11:17 | 1585986 snowball777
snowball777's picture

If the preferred shares are dependent on a recapitalization which can't happen because the common shares are poop?

Patience, leafhopper.

Mon, 08/22/2011 - 11:23 | 1586026 ZeroPower
ZeroPower's picture

Im not in equities, but if its anything like the BACORP bonds, its cause the prefs are nowhere near as liquid as the common which trades what, like 500mm ADV. Im sure anyone wanting to make a market in an illiquid share would have moved the b/a wide enough to off-load any particular risk there would be..

Mon, 08/22/2011 - 11:12 | 1585966 Doyle Hargraves
Doyle Hargraves's picture

BWAHAHAHAHA Cunt Tree Wide Bitchez!

Mon, 08/22/2011 - 12:00 | 1586200 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

Peter Griffin to Quagmire: "Quagmire, uh, doesn't the word country have an 'O' in it?"

Mon, 08/22/2011 - 11:12 | 1585969 dwdollar
dwdollar's picture

I guess BTFD doesn't apply to zombie banks?

Mon, 08/22/2011 - 11:25 | 1586034 snowball777
snowball777's picture

Not unless you mean Burn the Fucking Dollars.

Mon, 08/22/2011 - 11:37 | 1586102 pods
pods's picture

Burn the Fucker Down?

pods

Mon, 08/22/2011 - 11:13 | 1585972 somethingelse
somethingelse's picture

Can anyone offer a reasonable explanation for why the Baltic Dry Index has been rocketing higher the past several sessions and again this morning? 

in my limited knowledge/experience of these things i would have thought with the numerous slow-down recessionary signals that it would either be flatlining or continuing its decline.

Mon, 08/22/2011 - 11:15 | 1585979 MichaelG
MichaelG's picture

I hear there's lots of boats needed for hastily-arranged shipments to Caracas.

Mon, 08/22/2011 - 11:15 | 1585983 DonnieD
DonnieD's picture

Removal of Gaddhafi's gold is a big job

Mon, 08/22/2011 - 12:29 | 1586338 hunglow
hunglow's picture

I've seen the lil man in the boat.

Mon, 08/22/2011 - 11:29 | 1586066 kridkrid
kridkrid's picture

It's all a bit relative, no?  http://www.bloomberg.com/apps/quote?ticker=BDIY:IND - If you look at relative to the past 3 months it looks to be rocketing... if you look at it relative to the last 3 or 5 years, not so much.

Mon, 08/22/2011 - 11:38 | 1586103 somethingelse
somethingelse's picture

fair enough.  but adjectives-aside,  it would be cool to understand what's causing the recent upswing in BDI, no?

Mon, 08/22/2011 - 12:04 | 1586213 kridkrid
kridkrid's picture

well... both of the gold suggestions above seem viable.  Or we could be moving boatloads of mercenaries around the risk board. 

Mon, 08/22/2011 - 11:33 | 1586080 samsara
samsara's picture

2 x 0 =  ?

Mon, 08/22/2011 - 11:13 | 1585973 Bam_Man
Bam_Man's picture

"Mark of the beast", indeed.

Or "a beast of a mark" at <25% of "book value".

Mon, 08/22/2011 - 11:14 | 1585977 Cassandra Syndrome
Cassandra Syndrome's picture

Tribulation Bitchez

Mon, 08/22/2011 - 11:17 | 1585987 Ryman1075
Ryman1075's picture

They are already selling off some of the profitable parts of the business.  Pretty soon, there will be nothing left but toxic sludge.  Once they hit that point, they can be shut down and written off.  I wonder how much sludge is being moved to BAC from JPM and GS and the boys? 

Mon, 08/22/2011 - 11:17 | 1585988 sudzee
sudzee's picture

Mortgage delinquencies are up. CNBC had the story "developing " then promptly burried it.

Mon, 08/22/2011 - 11:21 | 1586014 Irish66
Mon, 08/22/2011 - 11:18 | 1585991 DonnieD
DonnieD's picture

How about GM below $22. I expect Rattner to guest host Squawk Box everyday this week to get it back above 25.

Mon, 08/22/2011 - 11:35 | 1586094 SheepDog-One
SheepDog-One's picture

Im not sure if theres enough morons watching CNBS anymore to drive GM stock back up.

Mon, 08/22/2011 - 11:39 | 1586110 DonnieD
DonnieD's picture

Ever since I switched to watching the Wiggles and reading ZH in the morning my mind is much clearer.

Mon, 08/22/2011 - 12:20 | 1586286 iDealMeat
iDealMeat's picture

+1,  SpongeBob for breakfast. ZH for Lunch, and South Park for Dinner..

Mon, 08/22/2011 - 11:18 | 1585994 slaughterer
slaughterer's picture

The whole BAC take-down, despite having well-known fundamental reasons behind it, seems somewhat fake, as if BAC were being served up as the fall guy for some inordinate government action.    

Mon, 08/22/2011 - 11:33 | 1586083 Pladizow
Mon, 08/22/2011 - 11:46 | 1586144 tip e. canoe
tip e. canoe's picture

it's a reasonable theory for sure, but what i can't figure out is that if true, who's gonna take over all those retail branches all across Americo?    somebody's got keep them up and running, else there goes the neighborhoods (jobs, commercial R/E, etc).

Mon, 08/22/2011 - 13:41 | 1586657 r101958
r101958's picture

Chase....or Wells Fargo?

Mon, 08/22/2011 - 21:34 | 1588587 tip e. canoe
tip e. canoe's picture

one would think the Morgue, but then all over the place, i see brand new Chase branches opening within spitting distance of a BdOA branch.    one thing Dimon D is not is stupid.    as for Wells, maybe this is what the meeting with 0 and Uncle Buff is about?

Mon, 08/22/2011 - 11:19 | 1586001 MobBarley
MobBarley's picture

It seems to me that Nationalization.

 

Mon, 08/22/2011 - 11:21 | 1586008 citta vritti
citta vritti's picture

maybe the NYT report of federal pressure on NY AG Schneiderman to get with the program and do the right thing is causing folks to gag, just a little. The federal person said something to effect of Wall Street being NY's Main Street (true enough), so be a mensch was the message. But on main street in Democratic ex-Rep. Weiner's district, the Republican opponent is turning off the mike for commenters berating Obama, otherwise it would take all day and the next ones need their turn, too. Oh, and NYT actually printed these comments (link here: http://www.nytimes.com/2011/08/22/nyregion/for-weiner-seat-gop-hopes-for...):

<quote>But it was there that Dale Weiss, a 64-year-old Democrat, approached the Republican running for Congress in a special election and, without provocation, blasted the president for failing to tame runaway federal spending. “We need to cut Medicaid,” she declared, “but he won’t do that.” She shook her head in disgust. “He is a moron.”

 After nodding approvingly for a time, the Republican candidate, Bob Turner, signaled for an assistant to cut off Ms. Weiss. Frustration with Mr. Obama is so widespread, he explained later, that he tries to limit such rants to about 30 seconds, or else they will consume most of his day.“It’s endemic in the district,” Mr. Turner said. “You can’t stop them once they get started.”<quote>

 

 

Mon, 08/22/2011 - 11:22 | 1586019 jonny47264
jonny47264's picture

1 Year CDS - 452

Mon, 08/22/2011 - 11:23 | 1586023 JohnFrodo
JohnFrodo's picture

But But Tim told us the US treasury made Billons of Tarp, and GM paid back all the money, Chrysler did as well early, so if he can enough TARP the profits will pay off the deficiet. Man is a genius.

Mon, 08/22/2011 - 11:23 | 1586028 Misery Index
Misery Index's picture

Don't worry, I seen Cramer on CNBS sayin' this morning taht the stock is "Too Low" to sell. 

 

Ride it out!

 

His advice, NOT MINE.

Mon, 08/22/2011 - 11:31 | 1586072 SheepDog-One
SheepDog-One's picture

Cant sell it now! Why....its TOO LOW!!

Mon, 08/22/2011 - 11:40 | 1586116 JohnFrodo
JohnFrodo's picture

Its a Cramer trademark, the no stop loss.

Mon, 08/22/2011 - 11:28 | 1586033 Dapper Dan
Dapper Dan's picture

 

World Bank says it will re-engage with Libya as soon as it can be helpful in the country's recovery - Reuters

 

World Bank says it will re- penetrate Libya as soon as it can be helpful in our (US) recovery.

I think that fixes it for ya Reuters

Pentagon: Any post-Gadhafi mission in Libya not expected to involve US boots on the ground - Reuters

 

Pantygone:  We won't cum in your country. -Dappers
Mon, 08/22/2011 - 11:25 | 1586035 Josh Randall
Josh Randall's picture

Cliff jumping never felt so safe

Mon, 08/22/2011 - 11:25 | 1586037 alien-IQ
alien-IQ's picture

BAC @ 6.66 = Poetic Justice.

Mon, 08/22/2011 - 11:25 | 1586038 williambanzai7
williambanzai7's picture

That $2 million dollar BAC/$4 November put investment you reported on recently is looking pretty good.

Mon, 08/22/2011 - 11:25 | 1586040 --Freedom--
--Freedom--'s picture

I'm happy to say I've been personally responsible for the withdrawal of over 50k from b of a in the last month...advising friends to do their part to hasten the demise by closing accounts.

Mon, 08/22/2011 - 12:34 | 1586375 HellFish
HellFish's picture

Convinced my wife to get out over $20K last month.

Mon, 08/22/2011 - 11:25 | 1586042 John McCloy
John McCloy's picture

If one goes..they all go.

Mon, 08/22/2011 - 11:34 | 1586093 kridkrid
kridkrid's picture

When one goes they all go.  Either the banking system collapses or our monetary system collapses.  Same thing you say?  More or less, yes... same thing.

Mon, 08/22/2011 - 11:40 | 1586121 samsara
samsara's picture

THe banks are Mountain climbers with ropes attached to the waste(sic).

It doesn't matter if it's the 'Small' guy that fell, the momentum will take them all.

Mon, 08/22/2011 - 11:52 | 1586176 kridkrid
kridkrid's picture

who is that host?  I thought they went from Bob Barker to the kind of fat guy with glasses who was completely not funny but somehow managed to have a couple sit coms built around him.

Mon, 08/22/2011 - 11:33 | 1586067 SheepDog-One
SheepDog-One's picture

In 2008, they convinced people while it stunk to high heaven to bail out these crook bastard bankers, YOU will also benefit greatly from it...dont worry go along with the program we assure you while it may suck right now, youll soon be lovin it.

The scam is over, now everyone just hates the banks far more while the people are far worse off. BIG trouble coming soon if they again say 'We need you to sacrifice greatly in order to save the banks'.

Mon, 08/22/2011 - 11:30 | 1586068 papaswamp
papaswamp's picture

Slow melt down of the market......

Mon, 08/22/2011 - 11:33 | 1586082 bania
bania's picture

This headline was quite a Revelation

Mon, 08/22/2011 - 11:48 | 1586154 snowball777
snowball777's picture

Ba-dum bump. ;)

Mon, 08/22/2011 - 14:24 | 1586915 bania
bania's picture

bania the comedian hack strikes again :-)

Mon, 08/22/2011 - 11:34 | 1586089 monopoly
monopoly's picture

We are on track and ready for blast off. Check out your favorite miner. Still on sale, even after the ramp this morning. Long a bunch still.

Mon, 08/22/2011 - 12:56 | 1586477 theMAXILOPEZpsycho
theMAXILOPEZpsycho's picture

Been thinking about this - I just have 75% silver and 25% gold, but thinking of a few miners..

Have any favorites?

I quite like the sound of Avino silver and gold mines

Mon, 08/22/2011 - 11:35 | 1586090 Joshua Falken
Joshua Falken's picture

Remind me again

 

Just how many Federal Reserve Bank shares does Bank of America own?

Mon, 08/22/2011 - 11:34 | 1586091 Stochdoc
Stochdoc's picture

So who is going to take Merrill off their hands?

Mon, 08/22/2011 - 11:36 | 1586095 monopoly
monopoly's picture

Now that is a good question new.

Mon, 08/22/2011 - 11:37 | 1586099 Oh regional Indian
Oh regional Indian's picture

B(ERN)ANK of AMERICA : 6.66

Better.

Vivek (ORI)

http://aadivaahan.wordpress.com

Mon, 08/22/2011 - 11:37 | 1586100 gwar5
gwar5's picture

Dun look good for BAC. Seen better legs on a fleamarket nightstand. I'm not too far from Charlotte, local impact.  

 

Whoever took that $2 million bet that BAC would be $4 by X-mas is looking good.

Mon, 08/22/2011 - 11:42 | 1586126 MrBinkeyWhat
MrBinkeyWhat's picture

DAMN! Is it too late to get one of their credit cards...load up on toilet paper; cigarettes; vodka; beef jerkey; water filters; .22 ammo; photo voltaic cells; pre-1965 silver dimes... and tell them to FUCK OFF?

Is it?

Mon, 08/22/2011 - 11:42 | 1586129 buzzsaw99
buzzsaw99's picture

skeletor paulson and tangelo mozilo are laughing and drinking somewhere right now.

Mon, 08/22/2011 - 11:54 | 1586182 snowball777
snowball777's picture

It's all good....I spiked their drinks with dioxin. It's just hella hard to tell on the orange one.

Mon, 08/22/2011 - 11:44 | 1586135 tekhneek
tekhneek's picture

Shorted it when it was at 10... haven't closed out the trade yet. Waiting for $5... up a pretty penny...

CRASH MOTHER FUCKER CRASH!

Mon, 08/22/2011 - 11:48 | 1586156 MoneyWise
MoneyWise's picture

:)))

BAC was at $2.55 during Lehman Collapse scare

and then went to $19, in less than a year, do your

own DD Bitchez.

Mon, 08/22/2011 - 11:59 | 1586199 slaughterer
slaughterer's picture

BAC < $4 seems the most reasonable short-covering target.  Those Nov $4 puts were well-placed--too bad they were not bought earlier.   

Mon, 08/22/2011 - 11:50 | 1586163 snowball777
snowball777's picture

Good things...those who wait...you know the rest; well-played.

Mon, 08/22/2011 - 11:49 | 1586160 snowball777
snowball777's picture

3rd man to Rick Perry: "Yeah, about helping you out...ummm...we may not be able to honor that commitment."

Mon, 08/22/2011 - 11:55 | 1586185 kridkrid
kridkrid's picture

I suppose if "they" are loading up BAC with a bunch of toxic crap with the intent to let it burn, why not let the connection between dirty money and politics be done in the name of BAC as well.  Theater.

Mon, 08/22/2011 - 11:50 | 1586164 writingsonthewall
writingsonthewall's picture

This is one of the last places where I am not currently banned.

 

It seems the establishment is keen to suppress any 'dissenters' by shutting out their voices.

 

This week I have been:

 

Banned from facebook for not using my own identity (and with a threat of 4 years in prison for 'incitement', can you blame me?)

 

Banned from various news sites who find that pointing out that they (the news organisation) said the exact opposite to what they are saying now, about 3 years ago - is not acceptable to 'their blogging policies'

 

Hell I even nearly got arrested recently for pointing out that 'looters off shops are not better or worse than looters of the economy (bankers)'

Fortunately I know the law better than the officer in question.

 

We're into the endgame now, the state machine is going into overdrive and it's looking more and more like 'Libyan state television' every single day.

 

Be careful out there Bitchez

Mon, 08/22/2011 - 11:53 | 1586178 MoneyWise
MoneyWise's picture

Use VPN and Proxies, Bitchez :)))

Mon, 08/22/2011 - 11:56 | 1586189 MrBinkeyWhat
MrBinkeyWhat's picture

Double: "Be careful out there Bitchez"

Mon, 08/22/2011 - 12:00 | 1586202 kridkrid
kridkrid's picture

Apparantly it didn't work out so well for this guy: http://www.youtube.com/watch?v=T2QApwtE8zQ 

Mon, 08/22/2011 - 12:05 | 1586218 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

the state machine is going into overdrive

Fortunately, it is a FINITE STATE MACHINE.... 8-)

 

Mon, 08/22/2011 - 12:15 | 1586260 anony
anony's picture

Being banned is a badge of honor.  Wear it proudly.   This and other forums will still accept and publish anything.   Free speech is still alive just not as omnipresent as it once was.

But the idea of incitement is laughable, ROFFLMMFAO, laughable.  You couldn't incite the great unwashed with a picture of theBamster and Sadddam Hussein in flagrante delicto, let alone some thoughtful ruminations on the state of our disUnity.

The Media is the Message and the POWER is just crossing some t's with its iron fist to be certain there is no chance a rogue will take out some of our top corrupt but oh so well connected Plutocrats. 

 

Mon, 08/22/2011 - 13:02 | 1586498 theMAXILOPEZpsycho
theMAXILOPEZpsycho's picture

Have to say it, hears to Tyler and Zero Hedge as the last bastion of freedom of speech!

I will soon delete my facebook account, but am currently addicted to sexuallh harrassing severl females.

Banned from commenting on my favorite sports teams website! Banned from Max Keisers website for calling him out the prick! Blocked by his bird Stacy Herbert on Twitter for commenting the slut!

In school I was so often sent out of class to hang my head in shame or explain my actions to the headmaster.

Thrown out and banned from the swiming bathes for (how can I help it??) getting an errection while in the vicinity of teenage girls.

Here, finally, I let it all come out among likeminded individuals!

Mon, 08/22/2011 - 11:56 | 1586190 What a mess_man
What a mess_man's picture

Yeah it's great fun to crank on banksters, but does anyone here know how many employees work at BofA? What percentage do you think qualify as "banksters"? My SO is most assuredly not a bankster. She gets up every day to go work for peanuts like the rest of us regular shmoes, and her salary helps put food on the table. So this is not a good thing; it's a sad thing for many people.

Burn it down indeed. F*cksticks.

Mon, 08/22/2011 - 12:05 | 1586215 MoneyWise
MoneyWise's picture

Relax, bro, current valuation of BAC is no way
point to weak fundamentals, they are just selling everything
based on some rumors or mental conditions.. BAC has lots
of cash and less exposure to the EZ, the last one to go
down.. Let's wait a bit and see, when Gold tank, I'll
post here something like "I told you so, bitchez" :)))
That wouldn't take too long.

Mon, 08/22/2011 - 12:21 | 1586294 SheepDog-One
SheepDog-One's picture

OH MoneyWise I see...'gold will tank' yea really? Due to what...Ben and Europe reversing their Mad Monetizing policies suddenly? I wouldnt bet on it.

Mon, 08/22/2011 - 12:29 | 1586330 MoneyWise
MoneyWise's picture

Due to market forces, ones speculators find another target to pump, GOLD is done and Bernank has nothing do do with that. Even kids know, it's overextended by about 300$ right now, ones hot money jump off the trade, watch what would happened. Like I'm first day on the Market. Gold right now is a Pumped Pink Sheet Penny Stock, Pumped by some doomsters and world-wide hysteria.. Could it hit 2k, That's probably the case, then collapse back below 1800/oz in the short order.. Impossible to have all the money of the world in the one trade.. That's a bubble, plain and simple (short term)

Mon, 08/22/2011 - 12:47 | 1586441 Spastica Rex
Spastica Rex's picture

Party like it's 1999. Or 1987. Or something. EVERYTHING'S COMING UP ROSES, AFTERALL! THIS IS SPARTA!

Mon, 08/22/2011 - 12:12 | 1586245 Spastica Rex
Spastica Rex's picture

If your "SO" loses her job, you still have one? LUCKY!

Sorry, no tears from me.

Mon, 08/22/2011 - 12:13 | 1586253 kridkrid
kridkrid's picture

Hopefully your SO can find meaningful work somewhere else.  On some level we are all complicit, just like your SO.  We didn't take the time to understand the end game of fiat money and fractional reserve banking.  We didn't complain while it seemingly was working just fine for us.  Forgive me, however, if I feel no great sympathy for those who worked inside the parasitic institutions that gained the most from a dishonest system as that system crumbles.

Mon, 08/22/2011 - 14:00 | 1586769 What a mess_man
What a mess_man's picture

No need to ask for forgiveness Krid. I actually give your reply "best answer", not that I was looking for one...but this is fight club so I do expect 'em.

Mon, 08/22/2011 - 12:19 | 1586284 SheepDog-One
SheepDog-One's picture

Its a sad thing for many people, yes indeed...Oh well, sucks to be them!

Mon, 08/22/2011 - 12:39 | 1586398 Cone of Uncertainty
Cone of Uncertainty's picture

Up vote for defending your man.

You are a dude right?

Mon, 08/22/2011 - 13:03 | 1586506 theMAXILOPEZpsycho
theMAXILOPEZpsycho's picture

unfortuantely the economy needs to hit the reset button. financial services are not the priority in an agrarian economy. maybe she should re-train.

Mon, 08/22/2011 - 11:56 | 1586191 JohnFrodo
JohnFrodo's picture

Methinks perhaps the Globe and Mail doeth protesith to much. Like the triple AAA credit default swaps were so safe.

http://www.theglobeandmail.com/globe-investor/investment-ideas/streetwise/good-question-wrong-answer-on-canadian-banks-national-bank-says/article2137167/

 

 

Mon, 08/22/2011 - 12:08 | 1586210 Spastica Rex
Spastica Rex's picture

One of Zeno's paradoxes assures me that even if BAC was to lose half its value every day, it would never go to zero. A few measly % every day is bullish. Buy BAC.

Mon, 08/22/2011 - 12:21 | 1586296 MoneyWise
MoneyWise's picture

BAC

Total Cash Per Share (mrq): $63.01
Book Value Per Share (mrq): $20.29
Forward P/E (fye Dec 31, 2012)1: $4.41

Operating Cash Flow (ttm): $94.45B

Get a f* clue, though I'm no holder of BAC at the moment.
Bank collapse rumors are spreading by some clueless
d*weeds:))) Nothing going to happened to BAC, wanna bet?

Mon, 08/22/2011 - 12:31 | 1586351 Spastica Rex
Spastica Rex's picture

You make that bet, dude, but listen to Kenny Rogers first, K?

http://www.youtube.com/watch?v=kn481KcjvMo

I can't stand Kenny Rogers.

Mon, 08/22/2011 - 12:41 | 1586409 Cone of Uncertainty
Cone of Uncertainty's picture

You know in the NBA when a player gets dunked on they call it being posterized right?

Well, with that post you just got posterized.

We will dig it back up after the chapter 11 filing and make full on fucking fun of you!!

Haaahahahahahah

Mon, 08/22/2011 - 13:10 | 1586530 SheepDog-One
SheepDog-One's picture

MoneyWise go defend your up in smoke BAC shares over on Yahoo or something.

Mon, 08/22/2011 - 12:34 | 1586376 OS2010
OS2010's picture

Pulled everything out of BAC about a year ago.  They were playing games to hold onto (and manage for themselves) our account, which was a red flag for us. 

Nice to know we made the right choice, but, as usual, we were way early.

Mon, 08/22/2011 - 12:37 | 1586386 Mongrel
Mongrel's picture

The Dems and the GOP are two sides of the same counterfeit coin. BAC knows that (as do Geithner, Bernanke, Perry, etc.) If voing really could make a difference it would be outlawed.

Mon, 08/22/2011 - 12:40 | 1586403 Spastica Rex
Spastica Rex's picture

If voting really could make a difference it would be outlawed.

Wisdom of our age.

Mon, 08/22/2011 - 12:38 | 1586391 Cone of Uncertainty
Cone of Uncertainty's picture

Can we please just breach the $6.31 level, so the real selling can commence in this pig.

Mon, 08/22/2011 - 12:41 | 1586410 SumSUN
SumSUN's picture

I heard from a friend that "W" is for winning (bullish) and "M" is for murder.  That looks like a big "M" to me.

Mon, 08/22/2011 - 12:59 | 1586493 BlackholeDivestment
Mon, 08/22/2011 - 13:03 | 1586507 Sudden Debt
Sudden Debt's picture

damn I should have shorted it at 12....

Mon, 08/22/2011 - 13:36 | 1586625 Cone of Uncertainty
Cone of Uncertainty's picture

Dam, looks like the dead cat bounce is over.

Onward to 0$ bitches.

 

Mon, 08/22/2011 - 15:47 | 1587285 Tunga
Tunga's picture

Thursday January 15th 2009 a US Airways Airbus crashes into the Hudson river with 150 people on board. 23 of them just happen to be high ranking execs with BOA. 48 Hours later mainstream media covers the event. Why did it take the so called free press 48 hours (two full fucking days bitchez) to cover this stunning aviation milestone? 

Cluephone calling.

Derive this. 

Mon, 08/22/2011 - 15:58 | 1587322 Tunga
Tunga's picture

"I'm gonna tell you how it's gonna be. You're gonna give your love to me." 

 

Southwest Airline flight attendant at the time; "... Yes something happened but we're not supposed to talk about it." 

 

MANPADS BITCHEZ

 

 

Mon, 08/22/2011 - 16:37 | 1587514 Tunga
Tunga's picture

Untimely death bitchez.

 

http://worldreports.org/news/188_obama_being_used_as_a_false_front_by_th...

 

January 2009. A good time to die.

Mon, 08/22/2011 - 16:48 | 1587554 Tunga
Tunga's picture

"... Ain't got time to take a fast train. My baby; She wrote me a letter..." 

Mon, 08/22/2011 - 21:20 | 1588510 Tunga
Tunga's picture

Libya is a county in France. Right?

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