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THEY BOUGHT THE LAND IN STOCK. WHAT 16 MILLION IN STOCK , how many share. your friend only has option to by stock for 1 year. nothing was said were money went.
THEY SAID THIS BANK DID NEED ANY FED MONEY. WERE THEY TELLING THE TRUE?
IS THIS BANK SAFEW FROM FASILING? THE FED WILL CHECH IT OUT AND IF THE NEED MONEY , THEY WILL PUMP IT IN TO THEM AND IT HAVE PRICE TAG. BETTER CONTROLS FOR FEDS
THE BANK WILL BE EXAM TO MAKE SURE IT SAFE AND IF NOT , WILL GET MORE MONEY . THIS BANK IS SAFE.
THE BANK WILL BE EXAM BY FED TO MAKE SURE IT HAS ENOUGHT CAPTAIAL AND IF IT DOES NOT ,MORE MONEY INTO IT TO MAKE IT SAFE. NEW CONTROLS TOO.
ALL BANK WILL BE EXAM TO SEE IF THEY MEET FICA SAFE CONDTION AND IF NOT MORE MONEY AND NEW CONDTIONS.
the Treasury GOING EXAM THE BANK TO SEE IF IT SOILD AND IF ANY MONEY MORE IS NEED TO MAKE IT GOOD AS GOLD.
Jerry need orange jump suit.
lgl, why does the federal government have built school for school district? our president said the night of his pr talk that he vista school in SC that was built in 1800 and when the train went by, the teacher had to stop. why can school system built another school. they had long enough.
you swaqid mouth full.
sorry but joe market share is miss number, but he good famity man. that all that count.
took another bad day stride.
the run over and now is loseing ground now.
why wow?
talk to paul a mintue ago, he said what you say was a movie they made about 2 months ago. it shows the wells and pipe line. it on the companywed page. you go to it and chech on some at top and find it. it 10 mintue long.
why is high? the company is growing, it buys other company. the market falling today.
i happen to call pruit to day to talk to him about some and i talk about this. he said a man own the land that wind farm going on. he meet the man in wmav lawer office when he sign the land over to greet street. now where thosde the 2 women come in if a man owns the land? he said there no wind machine on the land or has never been any there. there are old wind farm around the property. the deal for stock is only for year. the man got 16 million dollars in stock for land. his name was bob something. he also talk about 22 million dollars loan from bank and company had about 1/2 million in cash in bank.
was checking my stock to day and check the new on Ida, it said that it got loan from jpm, bac union bank and wachovia nation association. could this mean we going get our loan?
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Home » Financial Stocks » Major & Intl. Banks Is Bank of America Actually Behind Citigroup on the Problem Bank List? 3 comments
by: Christopher Whalen February 10, 2009 | about stocks: BAC / C
Christopher Whalen
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Become a Contributor Submit an Article Font Size: PrintEmail TweetThis In the NY Times on Sunday, the saga of Bank of America (BAC) CEO Ken Lewis is documented. All we can say about BAC and Ken Lewis is that this bank has gone from arguably the most stable large money center to one of the most unstable, just behind Citigroup (C). We attribute this remarkable transformation to the ill-advised Countrywide and Merrill Lynch transactions, both of which were done without a receivership to restructure the target companies.
As one banker told The IRA Friday: "We can still save Bank of America if we just put Merrill into bankruptcy. But the Fed does not want to see the last significant primary dealer fail. For many people, Merrill really is the only dealer left. Morgan Stanley (MS) does not seem committed to the markets and Goldman Sachs (GS) does not seem to care either."
Note: Our friend David Kotok said similar regarding the Washington obsession with saving the NY Sell Side banks as a driver for the Merrill transaction in a roundtable with Josh Rosner last week (“'The Big Banks vs. America: A Roundtable with David Kotok and Josh Rosner', January 26, 2009”).
Shame nobody at the Fed or Treasury thought to ask BAC shareholders if they wanted to sacrifice the most thoroughly domestic of the large banks. And the sad thing is that almost immediately after the close of the Merrill deal, BAC has to start selling assets.
Forgive our broken record, but just compare the Countrywide and Merrill transactions to the way in which Jamie Dimon, CEO of JPMorganChase (JPM) bought WaMu, cleansed through an FDIC receivership. As we describe in further detail for our advisory clients this week, we don't think JPM will outrun the economic tsunami, but hats off to Dimon and his operating team for buying his organization valuable time to restructure and change their risk profile. That may be the difference in terms of outcome for creditors of JPM and BAC.
Frankly, the more we look at the mess at BAC, the more we wonder if BAC should not be ahead of Robert Rubin and the directors of C on the bank director incompetence index. We'll be coming back to our view of the failure of Lewis and the BAC board to exercise sufficient oversight of the bank's M&A activity in a future comment focusing on the duties and responsibilities of the directors of bank holding companies.
Stock position: None.
bad mistake. it had a reserve and reduce it share, now good earning show drive the stock up like tall building
i hope so, like to see it over 3 tomorrow.
did they get any fed money?
if we get delist, it 4 dollars. they need say that we health bank by get fed money. that made stock move up.
any thing tom tell is inside infornation untill tom said something in writing.
sorry, they not buying those bad asset. see edex leak on it board to day. that inside information that leak out.
no, was it about that all the new wells are on line. that in ibox. will call paul tomorrow and ask about it.
the stock making good up side. may with new goverment coming out, it can sell bad asset .
may be when the second round of 350 billon come around, the bank sell some of it bad asset away to feds.
IT NOT GOING TO BE EASEY. BOMMER NOT LIVING UP TO WHAT HE PREACH WHEN HE WAS RUNING FOR PRES AND DEC. IN CONGRESS LOVE TO PORT AND PUT LARD INTO THE RECOVER BILL. IT SHOULD FAIL UNTILL THEY GET ALL PET PROJECT OUT OF IT. NO PORT AND LARD PLEASE.
WITH 40 BILLION, I THINK BANK OKEY. THEY MAY SELL TO GOVERMENT SOME BAD ASSET IT HAS.
I WISH I HAD 2 MILLION DOLLARES TO INVEST IN BAC OR JUST TO HAVE THAT MONEY IN MY POCKET. I HAVE GREAT DAY.
IT GOOD BUT IT NOT DOING ANY THING. IT HAS 10 BILLION IN CAPITAL AND I THINK IT SHOULD GET FED MONEY. IT SHOW TO INTEROR THAT BANK HEALTH.
our competers are exspanding there foot print by buying these banks. the one in ga had 4 branchs and over 1 billlon in deposits. the califorina banks had more deposits. one was all most 2 billion. the good size banks to buy from feds cheap.
the real question is, how strong is colonial? no fer money, need new capital, is it going down the tube and if so, who will buy it? maybe bbt? regions? 3th national bank? they have small foot print in ga.
surprising that bigger region banks are going after these bank that fail to get market share where they have any. regions got ga bank with 4 branches.
DID YOU NSEE THAT V3 BANKS FAIL FRIDAY. 1 INGA AND 2 IN CALIFORINA.
IT MAKET MARKER WHO RUN IT UP AND LET IT FALL. THEN SOME WHO KEEP IT IN THIS PATTEN.
YOU MEAN JERRY NOT IN JAIL YET? THEY AFTER HIM, MAY BE HE DO THE RIGHT THING AND GIVE HIM SELF UP TO POLICE .
DID YOU HEAR ABOUT 3 BANKS FAILING YESTERDAY. 1 IN GA AND 2 IN CALIFORINA. WE LONG WAYS FROM GETTING OUT OF TROUBLE. 1 TO 2 YEAR TIME.
TOOK DOWN LOT OLD MATERIAL FROM IBOX. ALL NEW THING ABOUT COMPANY, WHICH IS GBRC, IS NOW ON GBRC BOARD NOW.