Mercantile Bank Corporation Announces Webcast of First Quarter 2008 Conference Call
by Tom on March 31, 2008
in Uncategorized
A small community bank (in my neighborhood) that just announced increased loan loss provisions of $8.7 to $9.2 million for the first quarter of 2008. This should be an interesting conference call……
Mercantile Bank Corporation Announces Webcast of First Quarter 2008 Conference Call
Financial Times: UBS to reveal further writedowns of up to $18bn
by Tom on March 31, 2008
in Uncategorized
Well, there’s $18,000,000,000 of the $30,000,000,000 that the analyst at Oppenheimer said we’d see this week. That’s a big chunk of change to hit UBS’ balance sheet with.
And the beat goes on……
Calculated Risk: Financial Times: UBS to reveal further writedowns of up to $18bn
Reaction to the Government’s Overhaul Plan
by Tom on March 31, 2008
in Uncategorized
From Senator Dodd…..
“This is opening day in baseball, so let me use a baseball analogy. I would call this the wild pitch. It’s not even close to the strike zone.”
“This is a very legitimate issue. But why bring this up today? I mean, clearly, this has nothing to do with the current problems we’re facing.”
I think that says it quite well. The current problems need current attention, these problems are way on down the road.
It’s like being worried about your cholesterol while battling brain cancer……..
Reaction to the Government’s Overhaul Plan
by Tom on March 31, 2008
in Uncategorized
From Senator Dodd…..
“This is opening day in baseball, so let me use a baseball analogy. I would call this the wild pitch. It’s not even close to the strike zone.”
“This is a very legitimate issue. But why bring this up today? I mean, clearly, this has nothing to do with the current problems we’re facing.”
I think that says it quite well. The current problems need current attention, these problems are way on down the road.
It’s like being worried about your cholesterol while battling brain cancer……..
Reaction to the Government’s Overhaul Plan
by Tom on March 31, 2008
in Uncategorized
From Senator Dodd…..
“This is opening day in baseball, so let me use a baseball analogy. I would call this the wild pitch. It’s not even close to the strike zone.”
“This is a very legitimate issue. But why bring this up today? I mean, clearly, this has nothing to do with the current problems we’re facing.”
I think that says it quite well. The current problems need current attention, these problems are way on down the road.
It’s like being worried about your cholesterol while battling brain cancer……..
Reaction to the Government’s Overhaul Plan
by Tom on March 31, 2008
in Uncategorized
From Senator Dodd…..
“This is opening day in baseball, so let me use a baseball analogy. I would call this the wild pitch. It’s not even close to the strike zone.”
“This is a very legitimate issue. But why bring this up today? I mean, clearly, this has nothing to do with the current problems we’re facing.”
I think that says it quite well. The current problems need current attention, these problems are way on down the road.
It’s like being worried about your cholesterol while battling brain cancer……..
Reaction to the Government’s Overhaul Plan
by Tom on March 31, 2008
in Uncategorized
From Senator Dodd…..
“This is opening day in baseball, so let me use a baseball analogy. I would call this the wild pitch. It’s not even close to the strike zone.”
“This is a very legitimate issue. But why bring this up today? I mean, clearly, this has nothing to do with the current problems we’re facing.”
I think that says it quite well. The current problems need current attention, these problems are way on down the road.
It’s like being worried about your cholesterol while battling brain cancer……..
Reaction to the Government’s Overhaul Plan
by Tom on March 31, 2008
in Uncategorized
From Senator Dodd…..
“This is opening day in baseball, so let me use a baseball analogy. I would call this the wild pitch. It’s not even close to the strike zone.”
“This is a very legitimate issue. But why bring this up today? I mean, clearly, this has nothing to do with the current problems we’re facing.”
I think that says it quite well. The current problems need current attention, these problems are way on down the road.
It’s like being worried about your cholesterol while battling brain cancer……..
State agency shuts down Centennial Mortgage
by Tom on March 31, 2008
in Uncategorized
State agency shuts down Centennial Mortgage
Gee, a mortgage company shut down for financial incompetence? There’s a first!
I’m sure that’s a 1 in 1 million occurence and it’s never going to happen again.
I tell you folks, if you need a mortgage, you need to work with a bank. In today’s market, it’s the only reasonably certain guarantee that you’re going to get your loan. I feel bad for the people who got screwed when Centennial got shut down. Hey, I feel bad for the people who got screwed by Centennial when they were doing business!
Chaos on Wall Street, explained – Mar. 31, 2008
by Tom on March 31, 2008
in Uncategorized
Chaos on Wall Street, explained – Mar. 31, 2008
Here’s a pretty good explanation by Allan Sloan of what’s going on on Wall St. and why they are all scared……
