By: jacko654
15/08/2009
11:05 am Yahoo! Profile:
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Better a bird in the hand, (BANK DEPOSIT) than two in the bush,
Naaaah - one hand in a birds bush will do me fine. |
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By: reynard2008@y7mail.com
15/08/2009
9:28 am Yahoo! Profile:
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Aug. 14 (Bloomberg) -- More than 150 publicly traded U.S. lenders own nonperforming loans that equal 5 percent or more of their holdings, a level that former regulators say can wipe out a bankâs equity and threaten its survival.
The number of banks exceeding the threshold more than doubled in the year through June, according to data compiled by Bloomberg, as real estate and credit-card defaults surged. Almost 300 reported 3 percent or more of their loans were nonperforming, a term for commercial and consumer debt that has stopped collecting interest or will no longer be paid in full.
The biggest banks with nonperforming loans of at least 5 percent include Wisconsinâs Marshall & Ilsley Corp. and Georgiaâs Synovus Financial Corp., according to Bloomberg data. Among those exceeding 10 percent, the biggest in the 50 U.S. states was Michiganâs Flagstar Bancorp. All said in second- quarter filings theyâre âwell-capitalizedâ by regulatory standards, which means theyâre considered financially sound. |
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By: no.vice
14/08/2009
11:27 pm |
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By: brukevlay
14/08/2009
10:27 pm Yahoo! Profile:
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Apparently not. The idiot Crazyfool goes from here, so do his stupid dummies. One and all. Foolhardy, drippymippyme, drongopongo, you name it and the trash is gone along with him.
You named yourself spot on, imbeciale. You are more crazy than a cut snake. Bloody moron! |
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By: brukevlay
14/08/2009
3:37 pm |
Message deleted. |
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By: brukevlay
14/08/2009
3:36 pm |
Message deleted. |
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By: brukevlay
14/08/2009
3:32 pm |
Message deleted. |
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By: perceptions_now
14/08/2009
3:04 pm Yahoo! Profile:
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Sorry, link for previous post.
http://www.bloomberg.com/apps/news?pid=20601087&si d=aTTT9jivRIWE |
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By: perceptions_now
14/08/2009
3:00 pm Yahoo! Profile:
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Toxic Loans Topping 5% May Push 150 Banks to Point of No Return
Aug. 14 (Bloomberg) -- More than 150 publicly traded U.S. lenders own nonperforming loans that equal 5 percent or more of their holdings, a level that former regulators say can wipe out a bank's equity and threaten its survival.
Almost 300 reported 3 percent or more of their loans were nonperforming, a term for commercial and consumer debt that has stopped collecting interest or will no longer be paid in full.
The list excluded U.S. territories and lenders that have already failed. Also left out were the 19 lenders that underwent the Treasury's stress tests in May; they were deemed "too big to fail" and told by regulators that government capital was available to keep them in business.
Excluding the stress-test list, banks with nonperformers above 5 percent had combined deposits of $193 billion, according to Bloomberg data. That's almost 15 times the size of the FDIC's deposit insurance fund at the end of the first quarter.
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Two things come to mind -
1) If proper MARKET VALUATIONS were brought to bear, then very few US Banks (including those too big to fail) would still be solvent!
2) "If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State." |
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By: sushiboy_00000
14/08/2009
2:38 pm |
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By: reynard2008@y7mail.com
14/08/2009
2:33 pm Yahoo! Profile:
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| and why do you care? |
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By: sushiboy_00000
14/08/2009
2:27 pm Yahoo! Profile:
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| Bruce cares because he is lonely and jealous. |
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By: sushiboy_00000
14/08/2009
2:26 pm |
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By: reynard2008@y7mail.com
14/08/2009
2:25 pm Yahoo! Profile:
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| why do you care? |
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By: brukevlay
14/08/2009
2:13 pm Yahoo! Profile:
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| That bloke is absolutely f#cked in the nut! |
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By: perceptions_now
14/08/2009
1:56 pm Yahoo! Profile:
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"Where is he anyway?"
bruke,
Simple answer and I'm sure you will agree!
He/They has/have made THAT MUCH MONEY, that He/They has/have now retired, having no further challenges in the financial world to occupy His/Their interest?
OR
Perhaps Jim just has a basic problem, as Keynes said, "When the facts change, I change my mind. What do you do, sir?"
With Jim, he already has that many minds (ID's), that he has no idea which fact fits with which mind
If he had to change facts in all of his minds, he really would be "Crazy"! |
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By: brukevlay
14/08/2009
1:16 pm Yahoo! Profile:
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Where is he anyway? Not that I miss the idiot, just wondering why he isn't here.
I went through all the latest threads and his last post was on Economic Downturn To Continue? under scotttmans at 10.58 Wednesday night.
AND what do you know, nothing from any dummies either since then.
Drippymippye, sushishiit, Foolhardy, any dummies at all.
Please put your stupidity on this now to indicate you are not his dummies.
Any other ventriloquist can do the same.
All Ventriloquist and their dummies:
It is roll call time. |
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By: brukevlay
14/08/2009
12:41 pm Yahoo! Profile:
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"Stimulus, rescue, bailouts, nationalizations, and more USDollar ruination lie directly ahead. Gold will thrive in the coming months, as panic sets in."
Now Crazyfool and his dummies will be after all three of us.
Should we put our tinfoil hats on and hide in out bunkers and say what happens in America effects Australia and we are good little conspiracy nuts and we should go and f#ck ourselves? |
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By: perceptions_now
14/08/2009
12:14 pm Yahoo! Profile:
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"... The FDIC is scheduled to release its Second Quarter Report that could reveal up to 1000 banks expected to croak, surely enough to exhaust their rescue fund by between 20-fold and 100-fold. Tin cups are heading to the USCongress committees. The USGovt federal limit must be extended again, and Treasury Secy Geithner has requested a $12.1 trillion limit. That limit must be extended sometime again soon, like before next spring 2010."
anthony,
Thanks, the article is a continues a theme!
It seems September, October & possibly November, may be "interesting"?
Even if the US banks don't go to the next level, in that time frame, there are a number of other factors, which may come to "play". |
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By: reynard2008@y7mail.com
14/08/2009
9:53 am Yahoo! Profile:
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".. Back to reality on US soil. Many reports have come to the effect that at the end of August, a financial breakdown is due, and a shutdown of US banks is planned. We await the trigger events with mystery and intrigue as overtones.
Some on Wall Street, arrogant to the end, believe that widespread awareness prevents the actual unfolding of events. They are suffering from a terminal disease though, as they believe they are in control. They are not. The USGovt creditors are in control.
... The FDIC is scheduled to release its Second Quarter Report that could reveal up to 1000 banks expected to croak, surely enough to exhaust their rescue fund by between 20-fold and 100-fold. Tin cups are heading to the USCongress committees. The USGovt federal limit must be extended again, and Treasury Secy Geithner has requested a $12.1 trillion limit. That limit must be extended sometime again soon, like before next spring 2010.
http://www.gold-speculator.com/jim-willie-cb/8935- pressure-countdown-toward-breakdown.html |
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By: nightmare.rally
5/08/2009
11:48 am Yahoo! Profile:
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"Investors are getting more and more certain the economy is reviving, and the buying sentiment is strong," said Mao Sheng, an analyst for Huaxi Securities in the western city of Chengdu.
Elsewhere, Australia's benchmark rose 1.1 percent while Singapore's market measure dropped 0.9 percent and Taiwan's Taiex fell 1.4 percent. As trading got underway in Europe, benchmarks in Britain, Germany and France were down 0.5 perent or more.
BHP Billiton Ltd., the world's biggest miner, was up 2 percent in Sydney after prices for copper, tin, aluminum and other metals gained Monday. Rival Rio Tinto Ltd. was up 4.3 percent. Commodities trading house Mitsubishi Corp. climbed 2.1 percent in Tokyo and Sumitomo Corp. jumped 3.7 percent.
"Our region is very sensitive to developments in commodities prices and commodities gained sharply," Kowalczyk said. |
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By: nightmare.rally
5/08/2009
11:44 am Yahoo! Profile:
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Pending Home Sales Rise for Fifth Straight Month
The Realtors' pending home sales index is above its level when the economy collapsed last fall; gains are strongest in the South and West. But prices are still falling |
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By: perceptions_now
5/08/2009
11:34 am Yahoo! Profile:
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Whether we like it or not &/or agree or not, the world economy is not yet capable of de-coupling from the US!
And, at the centre of the US economy, is their banking system, which would currently be BANKRUPT, were it not for-
1) Some interesting CHANGES to accounting standards/requirements.
2) Some interesting SUPPORT from US governments (both parties).
3) Some, even more interesting SUPPORT from the FED, who have "donated/shifted" TRILLIONS, from Public asstets, to prop up their Private sector "friends".
So, given that we (and the world) are still irrevocably linked to the US, I think it prudent to try to understand the major factors involving the US & it's economy! |
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By: nightmare.rally
5/08/2009
11:28 am Yahoo! Profile:
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Banks Rally
Financial companies in the S&P 500 rallied 2.1 percent, with Wells Fargo and JPMorgan contributing the most to the advance with gains of at least 1.5 percent. MBIA Inc., the bond insurer thatâs slumped 89 percent over the past two years, climbing 29 percent to $5.75 and Bank of America Corp. rising 2.1 percent to $15.64. |
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By: brucebraindamaged@ymail.com
4/08/2009
5:19 pm |
Message deleted. |
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