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 [...]

Morgan Stanley issued a “full house buy signal” on European equities, as its four indicators — valuation, capitulation, risk and fundamentals — all indicate to buy. “The latest elements that pushed us there have been a capitulation among retail investors, purchasing managers and sellside analysts, as measured by record mutual fund outflows, ISM new orders [...]

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????

Never in the history information was so freely available … and never was it so stubbornly denied and ignored … Everybody can be aware of the situation … but nobody seems to care about, what is going on … The financial industry became too big … not too big to fail … as it finally [...]

Oppenheimer and Goldman Sachs bring the RED INK to the financials again. Goldman might be oportunistic as it sees cuts for Q1 but does not really change the 2008 outlook by too much … You know … HOPE is important They expect: – Citibank to write off a further 12 bln$ – JP Morgan to [...]

Monthend is close … AND QUARTEREND for some of the “finest” institutions on this planet Goldman Sachs, Lehman, Morgan Stanley and Bear Stearns all celebrate one more quarter of financial SURVIVAL My respect Hopefully the Ambac story came not too early for them … as most analysts already found out that it brings NO SOLUTION [...]

Reading the stories coming out after the SocGen MISMANAGEMENT … not a rogue trader … absolute reckless mismanagement made it happen … makes me sick!!! Where were/are all the supervising authorities??? SEC? BaFin? Whatever their name is … WHERE THE HELL ARE YOU??? Or are you all stupid underpaid bastards??? Helpless or blind? Or just [...]

Exactly the moment, I really wanted to throw the towel … as I was really convinced that there is no more honesty in the U.S. … THERE COMES … John Mack … really not the first I would have thought of … BUT … HE DECLINES TAKING A BONUS!!! Congrats to Morgan Stanley!!! My vote [...]