tag:blogger.com,1999:blog-8515247115132134144.post4604639307791146899..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: A Better Bank of America SolutionStagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8515247115132134144.post-72475393274009228832011-08-25T18:12:53.257-07:002011-08-25T18:12:53.257-07:00Mr Slippery & fried,
Nothing says fundraiser ...Mr Slippery & fried,<br /><br />Nothing says fundraiser like a garage sale.<br /><br />Our neighbor is having one tomorrow. They'll be loading up the wheelbarrows with actual goods to get their hands on some cold hard cash. Go figure! ;)Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-81455835693615761732011-08-25T17:40:02.066-07:002011-08-25T17:40:02.066-07:00Well, Mr. Slippery, clearly you have not been invi...Well, Mr. Slippery, clearly you have not been invited to the Obama fundraiser that Buffet is throwing next week. Asking these questions simply proves that you are not on the list. And those who are not on the list are future candidates for the Freedom Farms. Just saying.friednoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-40116941913850025542011-08-25T17:23:14.224-07:002011-08-25T17:23:14.224-07:00Mark, your sarcasm cup runneth over!
No one appre...Mark, your sarcasm cup runneth over!<br /><br />No one appreciates the bite of finely aged sarcasm (and syrah) like I do.<br /><br />I have been scratching my head over how a bank that pays a 1 penny dividend, 0.52%, a bank that was not allowed by regulators to raise it, thinks it is a good deal to pay 6% on 5 billion of preferred. Can't they borrow at 0.25% from the Fed, or maybe they don't have any good collateral that hasn't already been pledged. That instills confidence, not.<br /><br />And why is this good for common holders who are now all behind Warren B. in the capital structure if things go south?Mr Slipperynoreply@blogger.com