Comments on: US Bank Shares – The Pump is Almost Over, Get Ready for the Dump http://www.theundergroundinvestor.com/2009/05/us-bank-shares-the-pump-is-over-get-ready-for-the-dump/ The definitive investment blog for investment news not discussed in the mainstream media Tue, 07 Feb 2012 23:27:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mark http://www.theundergroundinvestor.com/2009/05/us-bank-shares-the-pump-is-over-get-ready-for-the-dump/comment-page-1/#comment-45503 Mark Fri, 15 May 2009 04:41:42 +0000 http://www.theundergroundinvestor.com/?p=1011#comment-45503 You're not far off but the intangibles of the continuation of a free market based banking system is the beginning of a complete collapse of our society. ie a revolt against the US government. So either you invest in the banks and vote Republican in 2010 or were all FUBR! You’re not far off but the intangibles of the continuation of a free market based banking system is the beginning of a complete collapse of our society. ie a revolt against the US government. So either you invest in the banks and vote Republican in 2010 or were all FUBR!

]]> By: piggy bank http://www.theundergroundinvestor.com/2009/05/us-bank-shares-the-pump-is-over-get-ready-for-the-dump/comment-page-1/#comment-45502 piggy bank Thu, 14 May 2009 23:53:12 +0000 http://www.theundergroundinvestor.com/?p=1011#comment-45502 This article answered its own question. Question; "If there is a better example of an oxymoron, I don’t know one. So if these four financial institutions don’t need any more capital whatsoever, why do they need to execute significant secondary offerings that will inevitably massively dilute shareholder value. If they are so well capitalized as the stress test results indicated, why can’t they repay the TARP money from operational earnings?" Answer; “Banks that accepted TARP money are subject to government oversight and restrictions on compensation that that they say put them at a disadvantage to competitors. Banks that want to repay the funds must get approval from the government (((((and show they can sell debt in the public market without federal backing.)))))” Securitized debt was abused now banks have to play nice as they repackage debt revenue from idiots like us who love to overspend. The banking industry has two tools, inflate (low interest rates to stimulate false growth) and deflation (job loss to cool down commodity price). There is no 'free market'. This article answered its own question.

Question; “If there is a better example of an oxymoron, I don’t know one. So if these four financial institutions don’t need any more capital whatsoever, why do they need to execute significant secondary offerings that will inevitably massively dilute shareholder value. If they are so well capitalized as the stress test results indicated, why can’t they repay the TARP money from operational earnings?”

Answer; “Banks that accepted TARP money are subject to government oversight and restrictions on compensation that that they say put them at a disadvantage to competitors. Banks that want to repay the funds must get approval from the government (((((and show they can sell debt in the public market without federal backing.)))))”

Securitized debt was abused now banks have to play nice as they repackage debt revenue from idiots like us who love to overspend. The banking industry has two tools, inflate (low interest rates to stimulate false growth) and deflation (job loss to cool down commodity price). There is no ‘free market’.

]]> By: ihot http://www.theundergroundinvestor.com/2009/05/us-bank-shares-the-pump-is-over-get-ready-for-the-dump/comment-page-1/#comment-45498 ihot Thu, 14 May 2009 04:39:06 +0000 http://www.theundergroundinvestor.com/?p=1011#comment-45498 This is one of the Best articles I have read in the past few weeks. This is one of the Best articles I have read in the past few weeks.

]]> By: ftpants http://www.theundergroundinvestor.com/2009/05/us-bank-shares-the-pump-is-over-get-ready-for-the-dump/comment-page-1/#comment-45497 ftpants Wed, 13 May 2009 16:54:17 +0000 http://www.theundergroundinvestor.com/?p=1011#comment-45497 Nice post. Still, though, wouldn't you rather the banks pay back the taxpayer funded TARP? Yes, they're taking their shareholders for a ride. But those shareholders used bad judgement buying in at this point. They also have the option of selling their shares, wheras we the taxpayer are along for the ride unwillingly. Nice post. Still, though, wouldn’t you rather the banks pay back the taxpayer funded TARP? Yes, they’re taking their shareholders for a ride. But those shareholders used bad judgement buying in at this point. They also have the option of selling their shares, wheras we the taxpayer are along for the ride unwillingly.

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