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Bank of America loses $2.24B as loan losses rise

Started by tobytoby
about 16 years ago
Posts: 168
Member since: May 2009
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Response by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008

Nothing new here. Goldman's 33,000 employees will be getting half a million a piece. Real estate to skyrocket. Dolly Lenz says so.

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Response by tobytoby
about 16 years ago
Posts: 168
Member since: May 2009

You are not logical. You are betting that the entire US economy and real estate market will skyrocket because of Goldman's results. How about BofA, Citi, GE, etc...Are you for real?

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Response by aboutready
about 16 years ago
Posts: 16354
Member since: Oct 2007

tobytoby, sarcasm.

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Response by LP1
about 16 years ago
Posts: 242
Member since: Feb 2008

Citi folks have been making a fortune. Highest base salaries on the street now. No joke.

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Response by Ubottom
about 16 years ago
Posts: 740
Member since: Apr 2009

how is it that pandit has survived? insanity rules

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Response by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008

Ken Lewis is taking over Citi.

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Response by mutombonyc
about 16 years ago
Posts: 2468
Member since: Dec 2008

Would this have a negative effect on BOA account holders?

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Response by aboutready
about 16 years ago
Posts: 16354
Member since: Oct 2007

felix salmon has some great stuff up. this one is utterly fantastic. and very very funny. well worth the ten minute watch.

http://blogs.reuters.com/felix-salmon/2009/10/15/how-securitization-works/

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Response by aboutready
about 16 years ago
Posts: 16354
Member since: Oct 2007

for some reason this didn't bump up. usually i wouldn't bother, but that's one great video clip and we can all use a couple of laughs on a friday afternoon.

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Response by tobytoby
about 16 years ago
Posts: 168
Member since: May 2009

Guys, the point here is that there is a lot of hype but the fundamentals are still weak. Weak earnings and increased unemployment rates are not indications of good times. So let's not get excited that Goldman posted decent results while everybody else is getting hammered.

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Response by w67thstreet
about 16 years ago
Posts: 9003
Member since: Dec 2008

Flmao. The first Goldman guy outside of my known circle is gonna get a nice great bonus smack down fom m'oui when I meet him. The ladies will be spared but not a tranny.

Will someone pls do a proforma earnings based on a 'real' cost of capital ie not 0%, and see if they can earn their keep.

A Kimora lock and a little ground and pound, of course if the guy is an ex- seal, I'll be on the lookout for the 80 lb quant guy. Yeah, beat down!!!!!

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