Lehman, Bank of America, Barclays Say Rout Is Over

Quote from S2007S:

`Long-Term Bearish'

While Bank of America recommends increasing corporate credit in the short term, the Charlotte, North Carolina-based bank is ``longer-term bearish,'' Jeff Rosenberg, a New York-based analyst at the bank, said in a July 11 report.
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DUNG coverage reiterated as a Strong Buy, with a lowered price target from $200 to $110.
 
II. Extension of Temporary Exemption from Definition of “Broker”

In light of the need to carefully consider, together with the Board and the other Federal banking agencies, the comments on proposed Regulation R, the Commission finds that extending the temporary exemption for banks from the definition of “broker” until September 28, 2007 is necessary and appropriate in the public interest, and is consistent with the protection of investors. The extension of this temporary exemption will prevent banks from incurring interim business disruption, as well as interim implementation and compliance costs before the Commission and the Board jointly adopt final implementing rules.
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http://sec.gov/rules/other/2007/34-55991.pdf
 
Quote from infolode:

Interesting point we have arrived at. A few fulcrums I watch in this balancing act are C, BAC, GS, BSC and LEH.

The stakes:$40 + TRILLION in financial derivatives that could implode.
We live in a world where South America, the Middle East, and
certainly China and India are questionable counter derivative parties who could easily lie down on the trades once they start to hurt their local economies. It’s not hard to theorize another Great Depression if a domino effect gets going.

But for the time being the powers that be seek more fresh cash, so up we go.
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Interesting point ! Maybe this chart is helpful to separate the wheat from the chaff !

Interactive Performance Comparison Chart [PerfChart (GS,LEH,BSC,JPM,MS,C,WB,BAC,WFC,WM) ]
http://stockcharts.com/charts/performance/perf.html?GS,LEH,BSC,JPM,MS,C,WB,BAC,WFC,WM

And the winner is : Goldman Sachs ! :D :D :D
 
Quote from S2007S:

calm down there frank....

whats wrong with posting an interesting article that many will not come across if I dont take the time to post it.....

more to follow.......
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I enjoy the articles. Please continue posting.
 
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