Bank of America seemingly needs to shore up its capital by 34 bln$ … WOW …
Stock price TRIPLED … and still they need around HALF of its market cap … IMPRESSING
So … at the end … reading between the lines … the first RUMOURS became true …
1. 16 out of 19 need capital … […]

One day before the ECB meets, markets sell off as news about the financial sectors scare buyers away and bring sellers back as markets trade in the RED for 2009 …
Today, Deutsche Bank surprised the markets with an early earnings report … record loss for Q4 … stock plummeted and still they are talking about […]

IMHO … John McCain lost yesterday night the election …
By putting his personal interest above the nation’s interest, he fumbled the ball …
Bailout in danger as Democrats withdrew from meeting as Republicans offered a NEW plan …
STUPID!!!
In other late news, Washington Mutual failed and its assets were taken over by JPMorgan …
Does that sound familiar? […]

Today …
HBOS was down more than 50% … than rallied to plus 17% after BBC said, they were in merger talks with LLoyds TSB.
Morgan Stanley … CNBC says … is ABOUT to merge with a “BIGGIE” … back to the roots??? Do I hear JPMorgan????

EXACTLY as market tests the low …
WSJ lights up this headline …
GOVT. asks Goldman and JPMorgan to lead 70-75 bln$ lending facility for AIG …
Hank did it AGAIN … OMG
And tommorow the “surprise cut” ?

Lehman seemingly will be sold over the weekend … market cap is down to around 2,5bln$
It will be extremely interesting, who will snap them up … the list of buyers is not as short as everybody thinks …
This time … we were told today … from the “everchanging-the-rules” FED
WITHOUT financial help of the Government (read: […]

Ahhhhh
After seeing Jamie Dimon yesterday explaining, how difficult and risky it was to buy Bear Stearns …
I now … after reading JPM’s latest announcement … exactly know, how he feels …
It seems, that it would be risky for JPMorgan not to complete the deal
Juicy juicy … they think … let’s see, […]

and how you could read it
We learn again, that it is not the news, but the expectations around it what makes markets move.
Means … if you expect the world to end … everything less is positive.
Today’s news was taken again positive as markets rebalance after the huge March expiration and ahead of the […]