Tag Archives: Bank of America

Billion-Trillion Derivatives Market! … Reform or a Blowup?

Posted on May 22, 2013 by

Derivatives Reform on the Ropes …  New rules to regulate derivatives, adopted last week by the Commodity Futures Trading Commission, are a victory for Wall Street and a setback for financial reform. They may also signal worse things to come … Continue reading →

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The Super-priority Status of Derivatives

Posted on April 11, 2013 by

by Ellen Brown The big risk behind all this is the massive $230 trillion derivatives boondoggle managed by US banks. Derivatives are sold as a kind of insurance for managing profits and risk; but as Satyajit Das points out in Extreme … Continue reading →

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Trading update Nov.20. 2012-11-20

Posted on November 20, 2012 by

Since my last trading update we have invested US $ 20,000.:00 in our favoured  Bank stock, Bank of America  (end of Aug).Bought BAC for $7.50 sold 20, BAC 10 (14.09)call Feb 2013  mostly time value and so good chance of collecting a … Continue reading →

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Why the global political class lies in fear of the LIBOR scandal?

Posted on June 28, 2012 by

 By John Ward at the slog reports: A couple of Torygraph journalists were exchanging tweets this morning about Bob Diamond’s cockup being “only the start” of the LIBOR scandal. It could well be that the time has come for some noisy … Continue reading →

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Bank of America stock (up-date on trading)

Posted on February 6, 2012 by

Trading up-date with Machholz Well my friends we are losing our shirts on our protective puts and there is no more value but time now, however we have as a result of the Bank of America stock ( Total stock … Continue reading →

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Bank of America Reports Fourth-Quarter 2011 Net Income of $2.0 Billion

Posted on January 19, 2012 by

In a follow-up on my posting trading with machholz. . Here we have the earnings report for BAC.We are well on the way to target of $7.50 and I expect now to arrive sometime this year at a price of … Continue reading →

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Where now for Bank of America?

Posted on October 23, 2011 by

By Keven M O Brien In an article I wrote for Seeking Alpha last month, I discussed how Bank of America (BAC) stock could either completely  tank relatively quickly – or be an excellent buy if you are willing to take … Continue reading →

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Arrested for attempting to close their bank accounts

Posted on October 17, 2011 by

This is my 3rd time putting this video clip up, the earlier clips have mysteriously been taken down .This is bad publicity for the banks concerned! This also shows that the Banks are really calling the shots all around the … Continue reading →

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That Deal Buffett and BAC

Posted on August 29, 2011 by

  Is it all it’s cracked up to be ? By RickAckerman Buffett must have gotten something from Obama. Why else would he have announced a $40,000-a-plate fund-raiser for the President before the ink had dried on the B of A … Continue reading →

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Wall Street Aristocracy Got $1.2 Trillion in Fed Loans

Posted on August 22, 2011 by

This article was sent into us this morning and it is shocking! This article exposes the extent of the damage to the world’s financial system and also the extent the American Government will go to protect its friends on Wall Street Citigroup … Continue reading →

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