bloomberg.com - 3/23/2009
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March 23 (Bloomberg) -- Investors should sell bank stocks after they rallied 12 percent today because the Treasury Department’s plan to buy toxic assets won’t stop profits from dropping, Bank of America Corp.’s Richard Bernstein said.
vanityfair.com - 3/31/2009
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vanityfair.com —
In an ailing radio industry, with a graying
audience and a pro-government landscape, Rush Limbaugh should be...
shuffling off into irrelevancy. Instead, his ever more outrageous attacks have everyone debating whether he's the G.O.P.'s de facto leader, ...
(more)
The Man Who Ate the G.O.P.
americandigest.org - 3/28/2009
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americandigest.org —
My father liked sharp. He was a Gillette
kind of man. He liked to look sharp, feel...
sharp and be sharp. I never saw him unshaven except very early in the morning before he’d had a chance to lather up. Beards? He was a child of the hard parts of the ...
(more)
A Sharp Man
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Blog Reactions
B of A Head Say’s Sell Bank Stocks Now After Rally, Profits Will Drop With Obama’s Plan
Flopping Aces —
The man knows what he is talking about:
Investors should sell bank stocks after they rallied 12 percent today because the Treasury Department’s plan to buy toxic assets won’t stop profits from dropping, Bank of America Corp.’s Richard Bernstein said.
Removing devalued loans and securities from banks’ balance sheets is a short-term solution that will delay the problem’s ultimate solution, which is bank takeovers, Bernstein said. The government won’t be able to inflate the prices banks receive for selling bad assets indefinitely, he added. ...
STOCK ADVICE: Bank of America’s Bernstein Says Sell Bank Stocks After Rally. “Investors should s…
Instapundit —
... STOCK ADVICE: Bank of America’s Bernstein Says Sell Bank Stocks After Rally. “Investors should sell bank stocks after they rallied 12 percent today because the Treasury Department’s plan to buy toxic assets won’t stop profits from dropping, Bank of America Corp.’s Richard Bernstein said.” ...
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