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  1. #26
    dangerous floater Winehole23's Avatar
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    Goldman and JP Morgan are bank receivers, not traditional banks. Their profits come mainly from electronic trading and mergers, i think. The banking sector is still in the dumps. Too many loan losses, too much tied up in untradable "legacy" assets.

    Also given that TARP transparency is almost zero, it's impossible to be sure how much of these so-called profits are government assisted.

  2. #27
    Basketball Expertise spurster's Avatar
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    I thought Bank of America and Citibank were making profits, too, as of late.

  3. #28
    Believe. SonOfAGun's Avatar
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    At least he is bringing transparency to America and auditing the fe....

    nvm

  4. #29
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    BoA and Ci bank made huge, ONE-TIME profits last quarter, from asset sales to raise capital. Next 2+ qtrs will probably show them to be still bankrupt and propped up by taxpayers.

    btw, banks are raising fees to depositors and card holders (NO raise in service quality) that should bring them $4B additional this year, sucked out of citizens' after-tax pockets.

  5. #30
    keep asking questions George Gervin's Afro's Avatar
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    You can't think of anything either. It really is tough.
    stock market is up..

    dumbass

  6. #31
    dangerous floater Winehole23's Avatar
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    I thought Bank of America and Citibank were making profits, too, as of late.
    Don't believe the hype. 57 banks have failed this year so far.

  7. #32
    dangerous floater Winehole23's Avatar
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    If you believe financial reporting in this market, you're a simpleton.

  8. #33
    dangerous floater Winehole23's Avatar
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    They're cheating and lying their asses off.

  9. #34
    dangerous floater Winehole23's Avatar
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    I'll dig up the links if you doubt me, Spursmania.

  10. #35
    Veteran Wild Cobra's Avatar
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    stock market is up..

    dumbass
    Really?

    I just looked. They indexes are basically flat for the last 2 months, at about the same level he took office at.

  11. #36
    Veteran jack sommerset's Avatar
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    stock market is up..

    dumbass
    Do you have any humility? Stock market is not up . If you have anything good to say about him please feel free to share. Don't make up . I'm sure he has done something good for our country. Let me know.

  12. #37
    Veteran Spursmania's Avatar
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    and 5,000 dollar purses now.

  13. #38
    Veteran Spursmania's Avatar
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    Goldman and JP Morgan are bank receivers, not traditional banks. Their profits come mainly from electronic trading and mergers, i think. The banking sector is still in the dumps. Too many loan losses, too much tied up in untradable "legacy" assets.

    Also given that TARP transparency is almost zero, it's impossible to be sure how much of these so-called profits are government assisted.

    That is correct. They used the government's bailout money to invest. They did not make the money via the traditional banking method.

  14. #39
    Veteran Spursmania's Avatar
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    I'll dig up the links if you doubt me, Spursmania.
    Don't doubt you, that is true.

  15. #40
    Veteran DarrinS's Avatar
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    When that words-on-screen doohicky thingy is working, he's a fantastic speaker.

  16. #41
    Believe.
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    I thought President Obama handled the situation with Iran decently.

    He seems to be a likable dude. Of course, our previous President seemed like a likable dude too.

  17. #42
    Veteran rjv's Avatar
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    ah, the modern day political debate. exchanges of subjective interpretation and a battle of links.

  18. #43
    🏆🏆🏆🏆🏆 ElNono's Avatar
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    ah, the modern day political debate. exchanges of subjective interpretation and a battle of links.
    Feel free to drop some old school debate here, with newspaper clips too if you dare.

  19. #44
    Veteran rjv's Avatar
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    Feel free to drop some old school debate here, with newspaper clips too if you dare.
    every once in a while one can read a decent post on such a thread but you have to admit there is a lot of wasted bandwidth spent on such topics.

    i mean how many "(fill in the blank) candidate or politician sucks" posts are floating around in cyberspace?

  20. #45
    🏆🏆🏆🏆🏆 ElNono's Avatar
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    every once in a while one can read a decent post on such a thread but you have to admit there is a lot of wasted bandwidth spent on such topics.

    i mean how many "(fill in the blank) candidate or politician sucks" posts are floating around in cyberspace?
    Too many. But it's also undeniable that people bite right into it. It's also better than TV or newspapers, because you can get to participate in the drivel if you want to. Ultimately it all comes down to the fact everyone has their opinions, and are more than willing to share them.

  21. #46
    Can't Start Threads
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    he looks cool smoking a square

  22. #47
    Veteran Spursmania's Avatar
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    Unrelated to politics, he seems to be a good father and husband.

  23. #48
    Veteran rjv's Avatar
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    Too many. But it's also undeniable that people bite right into it. It's also better than TV or newspapers, because you can get to participate in the drivel if you want to. Ultimately it all comes down to the fact everyone has their opinions, and are more than willing to share them.
    understood and agreed. it would just be read some depth from some of the posts now and then. for instance, if one could discuss the anglo iranian oil company or the balfour declaration when discussing the middle east and not just skimming the surface with the latest from CNN.

  24. #49
    Veteran ratm1221's Avatar
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    http://www.bloomberg.com/apps/news?p...d=aM0zj0YsJ8fk

    If the economy recovers, we will see all of these naysayers posting thread after thread admitting they were wrong about our president.

    Yeah right... that would be the day.

  25. #50
    Veteran DarrinS's Avatar
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    http://www.bloomberg.com/apps/news?p...d=aM0zj0YsJ8fk

    If the economy recovers, we will see all of these naysayers posting thread after thread admitting they were wrong about our president.

    Yeah right... that would be the day.

    I think the economy will recover, so long as Obamacare and cap'n tax are soundly defeated.


    In other words, it will recover if Obama doesn't continue ing it up.

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