FINal(er) Countdown

Tyler Durden's picture

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 10/04/2011 - 08:27 | 1736526 Ancona
Ancona's picture

Sucks to be broke.

No, really. it does.

Tue, 10/04/2011 - 08:30 | 1736537 HelluvaEngineer
HelluvaEngineer's picture

I wish someone would dig up some skeletons on Wells.  I'd tired of this image that they're the "safe" bank right now. 

Tue, 10/04/2011 - 09:11 | 1736650 Money 4 Nothing
Money 4 Nothing's picture

Here is a start:


Keep searching the same term about Well's Fargo, there is alot more news than this. 

Tue, 10/04/2011 - 08:48 | 1736594 prophet
prophet's picture


Senate Assistant Majority Leader Richard Durbin [D-IL] responds hotly to Bank of America's

announced assessment of debt card fees, telling the bank's customers to

"vote with your feet and get the heck out of that bank."

Tue, 10/04/2011 - 08:28 | 1736529 Fips_OnTheSpot
Fips_OnTheSpot's picture

Change diapers before trading starts!

Tue, 10/04/2011 - 08:28 | 1736532 Edward Fiatski
Edward Fiatski's picture


Tue, 10/04/2011 - 08:29 | 1736533 GeneMarchbanks
GeneMarchbanks's picture

Every. Single. One. Overvalued.

Tue, 10/04/2011 - 08:29 | 1736534 Cliff Claven Cheers
Cliff Claven Cheers's picture

Maybe BAC should do a 10 to 1 reverse split.

Tue, 10/04/2011 - 08:30 | 1736543 HelluvaEngineer
HelluvaEngineer's picture

I hope FAZ does a 2:1 split very soon.

Tue, 10/04/2011 - 08:29 | 1736535 Gandalf6900
Gandalf6900's picture


Tue, 10/04/2011 - 08:30 | 1736538 bania
bania's picture

Bath of America

Tue, 10/04/2011 - 08:31 | 1736544 Catullus
Catullus's picture

For those who need their Europe fix.

Tue, 10/04/2011 - 08:31 | 1736546 Vincent Vega
Vincent Vega's picture

Bennie save us. Print, print, print! <sarc>

Tue, 10/04/2011 - 08:53 | 1736611 dwdollar
dwdollar's picture

Exactly what he wants everyone to say.

Tue, 10/04/2011 - 08:32 | 1736548 SheepDog-One
SheepDog-One's picture

I hope Buffet is getting crushed by the tank treads right now.

Tue, 10/04/2011 - 08:57 | 1736627 Johnny Lawrence
Johnny Lawrence's picture

Didn't the preferred stock he received in his BAC deal give him the right to redeem his shares for par at ANYTIME of his choosing?  If so, he's fine....unfortunately.

Tue, 10/04/2011 - 08:32 | 1736549 reader2010
reader2010's picture

Warren Buffett is jerking off without success.

Tue, 10/04/2011 - 08:34 | 1736553 GeneMarchbanks
GeneMarchbanks's picture

Interestin' sentence.

Tue, 10/04/2011 - 08:32 | 1736550 Bloodgroove
Bloodgroove's picture

This has got to be bullish.  Ima sell my gold and jump into equities with both feet!

Tue, 10/04/2011 - 08:39 | 1736568 junkyardjack
junkyardjack's picture

This is bullish...for treasuries

Tue, 10/04/2011 - 08:40 | 1736572 Drag Racer
Drag Racer's picture

smart move to get away from that risk filled metal not backed by anything.

Tue, 10/04/2011 - 08:34 | 1736552 Iriestx
Iriestx's picture

Short the ever-living shit out of everything that Cramer says is 'fine' or a buy and you'll be a millionarie in short order.

Tue, 10/04/2011 - 08:37 | 1736558 mayhem_korner
mayhem_korner's picture



PIIGS and Waffles for breakfast!

Tue, 10/04/2011 - 08:40 | 1736562 ivars
ivars's picture

it had to be, and it was expected by many that after QE2 stocks will tank. Zerohedge was one of the first to note it. Now they are doing it, e.g. compare to the chart I made in February 6th 2011:

What follows is relatively slow, but accelerated tanking till approx DJIA 7000 in March 2012. After that, a bump up, either in expecations of USD devaluation ( not to be materialized though), or just a normal reaction to oversell- post oversell ( inverse peak crach ) rebound. Than down again, and so on during 2012-2013 ( here is longer prediction chart, made in April 2011):

This one says DJIA will reach even 6000 briefly in early 2013.

I have even longer prediction up to 2014 which I have not published yet- it does not look much better, in general, still below 8000.

Tue, 10/04/2011 - 09:35 | 1736749 Chump
Chump's picture

You're disregarding the effects of roaming zombie hordes...

Tue, 10/04/2011 - 08:39 | 1736566 sabra1
sabra1's picture

is BAC's online accounts running? up here in canada, we're just curious!

Tue, 10/04/2011 - 08:45 | 1736585 Drag Racer
Drag Racer's picture

running on methane gas from all the bs...


seriously though I have no idea, I dropped all 'associated' banks 15 years ago

Tue, 10/04/2011 - 08:42 | 1736580 Diplodicus Rex
Diplodicus Rex's picture

Because this is not my industry I don't know where to get the info. Does anyone have a link to where I might find the CDS for Barclays? TIA

Tue, 10/04/2011 - 08:43 | 1736583 Silverhog
Silverhog's picture

WTF- 1000%  10/4/11 

Tue, 10/04/2011 - 08:49 | 1736592 Steel_Preacher
Steel_Preacher's picture

The bank raised its 2012 forecast for gold 19% to $1,850 a troy ounce, while upping its 2011 outlook by 5% to $1,575/oz. It added that it expects investment demand to be "sufficiently large" to drive gold above $2,000/oz during the second half of 2012, with a high of around $2,200/oz looking "possible.


Spam and Swiss

Read more:
Tue, 10/04/2011 - 08:51 | 1736601 pufferfish
pufferfish's picture

Dr Tankinstein. The end of the week should be entertaining. iPhone 5 launch will last about an hour...

Tue, 10/04/2011 - 08:51 | 1736604 Cliff Claven Cheers
Cliff Claven Cheers's picture

Tuesday, Oct 04, 2011 08:37 AM

. . . . . . . . . . . . . . . . . . . . . . . . . 


  LUXEMBOURG (Dow Jones)--The International Monetary Fund must make a clear statement of its position on Greece if the troika working on the country's aid package gives a negative report, Austrian Finance Minister Maria Fekter said Tuesday. 

  Fekter also said a positive recommendation from the troika, which also includes the European Commission and the European Central Bank, was a prerequisite for the payment of the next tranche of Greece's bailout program. 

  Troika representatives are in Greece to verify whether the troubled Mediterranean country fulfils its austerity pledges and debt targets. 

  "If these [troika] reports were not to turn out positive, then we expect a clear statement by the IMF on whether it still is a part of the Greek project--yes or no," Fekter said after a meeting of European Union finance ministers. "If the IMF exits, then Austria can't pay the loans [to Greece] either." 

  Fekter also said that there still is no consensus among euro zone countries on whether the European Financial Stability Facility, the euro zone's bailout fund, should gain a banking license. 

  The Austrian finance minister said she isn't in favor of the EFSF buying too many sovereign bonds from troubled euro-zone countries, as she doesn't want the fund to turn into a bad bank that way. 

  -By Bernd Radowitz, Dow Jones Newswires; +49-160-9058-9080; 

  (END) Dow Jones Newswires

  October 04, 2011 08:36 ET (12:36 GMT)2011 Dow Jones & Company, Inc. 

Tue, 10/04/2011 - 08:52 | 1736605 prophet
prophet's picture

BAC website issues related to upgrading the UI and adding more flash function?

Tue, 10/04/2011 - 08:53 | 1736612 pauhana
pauhana's picture

After reading Reggie's article, I'm surprised GS is down more.

Tue, 10/04/2011 - 08:55 | 1736618 Coast Watcher
Coast Watcher's picture

Cover of the Economist:


Tue, 10/04/2011 - 08:55 | 1736620 bhakta
bhakta's picture

How is Warren Buffet right now with all the shares of these big banks he owns?

Tue, 10/04/2011 - 08:56 | 1736624 Thought criminal
Thought criminal's picture

Great time to buy low and sell lower.

Tue, 10/04/2011 - 09:11 | 1736652 Ned Zeppelin
Ned Zeppelin's picture

The hot rumor to turn this thing around and kill all the shorts is coming, count on it people.

Be careful out there. There are bulls and bears, but most of all there are wolves who hunt either as prey.

Tue, 10/04/2011 - 09:17 | 1736673 Benjamin Glutton
Benjamin Glutton's picture

let me say first that I am shocked at censorship practiced in some forums.


I have banked at BofA since they aquired Barnett Bank many years ago.


Yesterday I suggested the wife stop at the Bank and pull a little extra cash and upon arrival she was stunned by the scene at hand enough to call me saying she thought she was seeing a bank run in progress. Parking was overflowed into adjacent lots the ATM were down and four security guards were posted at door to keep order. The line moves quick enough but when she gets to the teller she is told that a $250 withdrawal limit is in place,no exceptions!After a brief exchange, during which the wife demanded a somewhat larger amount, the teller threatened to call security to remove her from this point everyone in line can hear their discussion and the wife pulls out her phone and dials 911 to report a theft in progress by BofA...the bank then relented allowing the exact amount she wanted to withdraw prompting cheers from the rest of the people in line...hilarious.


Tue, 10/04/2011 - 09:25 | 1736708 pufferfish
Tue, 10/04/2011 - 09:17 | 1736674 Instant Wealth
Instant Wealth's picture

If you see an old dude on Wall St. with a vendetta mask on, screaming "capitalism is murder" - don´t mind - it´s George Soros shorting the market.

Tue, 10/04/2011 - 09:23 | 1736697 Outlaw Of The W...
Outlaw Of The Wasteland's picture

ricky ricardo, the pear shaped chink with broken teeth, lenin, and dirty david faber just went on a diatribe defending their propoganda efforts.

The entire staff of cnbc with the exception of the great santelli should be arrested and tried under the rico act.

Tue, 10/25/2011 - 03:53 | 1807310 Rynak
Rynak's picture

A recent posting history of "outlaw of government sponsored shit":

Hitler was right.


he's a nation wrecking jew.  the bane of the world.


you're a jew.  you should have no say until we come to burn down your house and shoot your family.


you missed the typical scatalogical reference favored by khazarian "jews" such as yourself.


he's a fuckin jew


russian/pollack jew


Ironic comment seeing as how most inbred kikes look as if they were put together with spare parts.


you jew


not marching with michael moore, cornell west, and lawrence o'donnell.

I'll root for mass beatings and arrests of the unwashed amalgam of misfits demokratik party(blacks, jews, homos, communists, muslims, illegals, baby killers).

"What EXACTLY are you turds protesting"?

mumbles.  "ummmm.....capitalism, fascism, racism, know real communism has never been tried".

uh huh

Hitler was right all along.


Free speech for idiots, too.  Fixed it for you.


and you for your rabble rousing jew led marxist meeting?


For your verification - direct link to his track record:



Tue, 10/04/2011 - 09:40 | 1736775 loveyajimbo
loveyajimbo's picture

Wonder if Blankfein (and Dimon, scum bastards both) still have time to do "God's work"... or if they have relegated it to their defense attorneys...??

Tue, 10/04/2011 - 09:41 | 1736781 DavidJ
DavidJ's picture

an email from my parents after I warned them about BoA troubles:


Hi ****

thanks for the warning.  we will be taking the bulk of out BofA money
out tomorrow.

tell u more details over the phone.

Tue, 10/04/2011 - 09:50 | 1736830 Downtoolong
Downtoolong's picture

I’m just waiting for a slew of highly paid analysts and market reporters to start popping up like mushrooms and tell us what a great buy the financial sector is now because it’s been oversold and undervalued. I wonder if it will be the same bunch of talking heads that told us the same thing last time?  

Tue, 10/04/2011 - 10:12 | 1736926 entropos
entropos's picture

Why is Citi leading the charge down today?  I thought it would be MS then BAC and a bunch of also rans. 

Wed, 10/12/2011 - 12:29 | 1766173 karmete
karmete's picture

Well done! Thank you very much for professional templates and community edition sesli chat sesli sohbet

Tue, 10/25/2011 - 03:48 | 1807304 yang46
yang46's picture

there's a prom dresses 2012 single aspect knee length bridesmaid dresses from the wedding day cocktail dress under $100 that every single bride womens cocktail dresses loves: her gown. The wedding dress is probably inexpensive bridesmaid dresses one of the most critical reminder with the love that white cocktail dresses is certainly exchanged on a wedding bridesmaid dresses day, aside from the rings.

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