Demeter
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Tue May-10-11 06:19 AM
Response to Original message |
| 9. BofA to halve $850bn portfolio of bad loans |
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Bank of America Merrill Lynch plans almost to halve its $850bn portfolio of troubled home loans over the next three years as it seeks to quicken the pace with which it resolves problems related to the housing crisis and its disastrous purchase of Countrywide Financial. Terry Laughlin, who is spearheading BofA’s mortgage modification and foreclosure programmes, told the Financial Times he had been given leeway to act quickly to tackle the growing number of bad loans that threaten to overwhelm the bank’s overall performance and tarnish the reputation of Brian Moynihan, its chief executive. Read more >> http://link.ft.com/r/VKY5JJ/GK572N/204L2/ZB3STP/6VGUT6/... JUST LIKE THAT? WHAT DID THEY NEED ALL THAT BAILOUT MONEY FOR?
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| -STOCK MARKET WATCH, Tuesday, May 10, 2011 |
Pale Blue Dot |
May-10-11 06:04 AM |
#0 |
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Today's Reports |
Pale Blue Dot |
May-10-11 06:05 AM |
#1 |
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Deleted message |
Name removed |
May-10-11 12:16 PM |
#111 |
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That's the second piece of spam I've witnessed today |
Demeter |
May-10-11 01:47 PM |
#127 |
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I alerted. The thing should be gone now. |
Pale Blue Dot |
May-10-11 02:44 PM |
#132 |
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Oil falls to near $101 ahead of US supply reports |
Pale Blue Dot |
May-10-11 06:05 AM |
#2 |
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World stocks up as oil slips; euro volatile |
xchrom |
May-10-11 06:32 AM |
#17 |
  -
The price of oil has risen about 25 times since 1974. |
JDPriestly |
May-10-11 10:17 AM |
#88 |
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MPG doubled in the same amount of time |
Demeter |
May-10-11 01:43 PM |
#123 |
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I'm using oil as a benchmark for inflation. |
JDPriestly |
May-10-11 03:46 PM |
#135 |
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Crude futures fall after CME hikes margins |
Roland99 |
May-10-11 07:35 AM |
#51 |
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BofA sees possible oil fall, alone among peers |
xchrom |
May-10-11 09:08 AM |
#71 |
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It's up to almost $104 today. nt |
Pale Blue Dot |
May-10-11 03:04 PM |
#134 |
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First Rec! |
Demeter |
May-10-11 06:11 AM |
#3 |
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i think kafka made a living out of that. |
xchrom |
May-10-11 06:14 AM |
#5 |
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Probably why I never read him |
Demeter |
May-10-11 06:17 AM |
#8 |
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His philosophy.... |
AnneD |
May-10-11 06:24 AM |
#12 |
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Existentialism didn't embrace despair, it was a philosophy that sought to remedy it. |
TalkingDog |
May-10-11 10:46 AM |
#91 |
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Very nice write-up, TD. |
Hugin |
May-10-11 01:10 PM |
#112 |
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I learned something |
Demeter |
May-10-11 01:19 PM |
#113 |
  -
Is that a giant cockroach joke? |
tclambert |
May-10-11 06:21 AM |
#11 |
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Hey... |
AnneD |
May-10-11 06:26 AM |
#13 |
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We all have relatives that "bug" us |
Demeter |
May-10-11 06:34 AM |
#20 |
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Everyone can find pirates and horse thieves in their family trees, if they squint long enough. |
tclambert |
May-10-11 06:45 AM |
#28 |
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You would. |
Fuddnik |
May-10-11 09:10 AM |
#73 |
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You know... |
AnneD |
May-10-11 01:43 PM |
#124 |
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... |
xchrom |
May-10-11 06:31 AM |
#16 |
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Kafka sure did lead a futile life |
Demeter |
May-10-11 06:33 AM |
#18 |
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what don't the germans have a word for? nt |
xchrom |
May-10-11 06:37 AM |
#22 |
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Vaistaspermum? |
Po_d Mainiac |
May-10-11 06:41 AM |
#25 |
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that's not german? nt |
xchrom |
May-10-11 06:52 AM |
#32 |
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NS! but it sound good. |
Po_d Mainiac |
May-10-11 06:55 AM |
#34 |
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Perseverance? |
DemReadingDU |
May-10-11 06:44 AM |
#27 |
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Yeah, it's called SPITE |
Warpy |
May-10-11 08:14 AM |
#54 |
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You are cutting too close to the truth |
Demeter |
May-10-11 09:01 AM |
#67 |
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Hear! Hear! Warpy, my friend. |
Hugin |
May-10-11 09:09 AM |
#72 |
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I'll turn 59 on Saturday. And I continue just to spite the bastards. |
Fuddnik |
May-10-11 09:20 AM |
#77 |
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i'd love to see her get that ball. nt |
xchrom |
May-10-11 11:36 AM |
#104 |
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So what can we give you.... |
AnneD |
May-10-11 01:24 PM |
#114 |
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That's Easy! We Dedicate the Weekend to Fuddnik! |
Demeter |
May-10-11 01:46 PM |
#126 |
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Call it a .... |
AnneD |
May-10-11 10:03 PM |
#138 |
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Can you catch a flying bedpan? |
Fuddnik |
May-10-11 06:54 PM |
#136 |
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I've dodged more.... |
AnneD |
May-10-11 10:05 PM |
#139 |
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Sheila Bair To Leave FDIC In July, Ending 5-Year Term |
Demeter |
May-10-11 06:14 AM |
#4 |
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india: Why India chose to disappoint the US |
xchrom |
May-10-11 06:16 AM |
#6 |
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Nobel-Winning President - FREE- with Every Purchase! |
Demeter |
May-10-11 01:34 PM |
#119 |
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Obama in fresh push on immigration |
Demeter |
May-10-11 06:16 AM |
#7 |
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BofA to halve $850bn portfolio of bad loans |
Demeter |
May-10-11 06:19 AM |
#9 |
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Where are the bad loans going? |
tclambert |
May-10-11 06:27 AM |
#14 |
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Modifications and Foreclosures |
Demeter |
May-10-11 06:39 AM |
#23 |
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S&P cuts Greek credit rating |
Demeter |
May-10-11 06:21 AM |
#10 |
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Stock futures rise on strong Chinese data |
xchrom |
May-10-11 06:29 AM |
#15 |
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Gold rises as dollar retreats, focus on Greece |
xchrom |
May-10-11 06:34 AM |
#19 |
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PM's will raise until the CME tries to game the long puts again |
Po_d Mainiac |
May-10-11 06:53 AM |
#33 |
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Hi-yo Silver, away! |
xchrom |
May-10-11 10:50 AM |
#93 |
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Silver went from $44 to $34 in a week, now back to $38. |
tclambert |
May-10-11 02:04 PM |
#131 |
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europe: WRAPUP 1-EU paymaster Merkel guarded on new aid for Greece |
xchrom |
May-10-11 06:36 AM |
#21 |
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india: Fuel price meet deferred, higher diesel price eyed |
xchrom |
May-10-11 06:39 AM |
#24 |
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India gold extends gains; physical buying retreats |
xchrom |
May-10-11 06:42 AM |
#26 |
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Is gold better bet than silver? Expert answers |
xchrom |
May-10-11 06:55 AM |
#35 |
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Nifty lacks spark; HUL, NTPC stand out in flat market |
xchrom |
May-10-11 06:49 AM |
#29 |
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SNAPSHOT-Indian policy highlights on Tuesday, May 10 |
xchrom |
May-10-11 08:33 AM |
#62 |
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UPDATE 2-Indian microlender SKS seen struggling short-term |
xchrom |
May-10-11 08:36 AM |
#63 |
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Florida Cuts Unemployment Benefits To Pay For Corporate Tax Cut |
Demeter |
May-10-11 06:50 AM |
#30 |
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Seems obvious... |
hamerfan |
May-10-11 07:10 AM |
#43 |
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Less than 2% of businesses in FL even pay a corporate tax. Yes, less than 2%! |
Roland99 |
May-10-11 07:34 AM |
#50 |
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In the mean time, the Koch Bros bought their own public university. |
Fuddnik |
May-10-11 09:31 AM |
#82 |
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They obviously don't believe in Science or Academic Rigor or Independent Thought and Analysis |
Demeter |
May-10-11 01:30 PM |
#117 |
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Well, their daddy did work for Stalin. |
Fuddnik |
May-10-11 06:57 PM |
#137 |
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U.S Default Countdown; Is this the end of the road for the Empire? By Mike Whitney |
Demeter |
May-10-11 06:52 AM |
#31 |
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Microsoft nears Skype deal |
xchrom |
May-10-11 06:57 AM |
#36 |
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Microsoft to buy Skype for $8.5 billion cash |
xchrom |
May-10-11 10:44 AM |
#90 |
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Microsoft-Skype deal shows need for tax reform Commentary: |
xchrom |
May-10-11 10:47 AM |
#92 |
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Millionaires who owe no federal income tax |
Demeter |
May-10-11 07:00 AM |
#37 |
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Plan would mandate paid sick leave in Seattle |
xchrom |
May-10-11 07:00 AM |
#38 |
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ArtsFund: empower the arts, power the economy |
xchrom |
May-10-11 07:05 AM |
#41 |
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Gov. Walker Signs Bill Blocking Milawukee’s Paid Sick Leave Law |
Demeter |
May-10-11 07:11 AM |
#44 |
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Central bank pegs yuan rate at new record high |
Demeter |
May-10-11 07:02 AM |
#39 |
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U.S. Will Urge China to Boost Interest Rates as Talks Start |
Demeter |
May-10-11 07:21 AM |
#48 |
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Experts say stronger yuan mainly due to dollar depreciation, warn of "hot money" influx |
xchrom |
May-10-11 09:49 AM |
#87 |
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"Hot Money" is the term for any spare cash lying around |
Demeter |
May-10-11 01:41 PM |
#122 |
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National Bank of Kazakhstan considers converting reserves to Chinese yuan |
xchrom |
May-10-11 11:49 AM |
#108 |
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China's Xinjiang to boost yuan settlement in cross-border trade |
xchrom |
May-10-11 11:52 AM |
#109 |
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SEC’s Schapiro eyes high frequency traders |
Demeter |
May-10-11 07:05 AM |
#40 |
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Shrinking Supplies Mean Bye-Bye Used-Car Bargain |
Demeter |
May-10-11 07:10 AM |
#42 |
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Bet you could get .... |
AnneD |
May-10-11 01:36 PM |
#120 |
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You Know I'd End Up With a Humdinger |
Demeter |
May-10-11 01:50 PM |
#128 |
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AIG Fall Blunts Talk of Taxpayer Gain |
Demeter |
May-10-11 07:14 AM |
#45 |
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JPMorgan Chase Nearly Doubles Commodities Trading |
Demeter |
May-10-11 07:17 AM |
#46 |
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Commodities fund loses $400 mln in oil slide -report |
Demeter |
May-10-11 07:19 AM |
#47 |
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Time to go beat my head on a few walls, again |
Demeter |
May-10-11 07:34 AM |
#49 |
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Imax expanding rapidly in emerging economies |
xchrom |
May-10-11 08:09 AM |
#52 |
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Texas governor woos Vernon businesses |
xchrom |
May-10-11 08:11 AM |
#53 |
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k&r I have no hope. I see no future. n/t |
Hotler |
May-10-11 08:16 AM |
#55 |
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If you wake up breathing, there is always hope. |
Mnemosyne |
May-10-11 08:22 AM |
#57 |
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If you make it through the week-end without the tag on your toe. |
Fuddnik |
May-10-11 09:06 AM |
#69 |
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You win another week, in other words |
Demeter |
May-10-11 01:44 PM |
#125 |
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What Zipcar Can Teach the S&P 500 |
xchrom |
May-10-11 08:18 AM |
#56 |
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europe: European shares gain, led by banks, miners |
xchrom |
May-10-11 08:23 AM |
#58 |
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UPDATE 2-Solar company Energy Conversion to cut 300 jobs on Europe woes |
xchrom |
May-10-11 08:29 AM |
#60 |
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Gazprom says increases May gas exports 28 pct |
xchrom |
May-10-11 08:31 AM |
#61 |
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UPDATE 1-D.Boerse workers decline to back NYSE deal -sources |
xchrom |
May-10-11 08:39 AM |
#64 |
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asia: Nikkei gains on Toyota output recovery report |
xchrom |
May-10-11 08:26 AM |
#59 |
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China's April CPI to stay above 5 pct: survey |
xchrom |
May-10-11 09:42 AM |
#85 |
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Shanghai stocks climb ahead of inflation data |
xchrom |
May-10-11 10:57 AM |
#95 |
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Korea secures pledges from EU firms |
xchrom |
May-10-11 11:12 AM |
#100 |
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Inflation stokes Korean gold fever |
xchrom |
May-10-11 11:14 AM |
#101 |
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EU free trade pact could cut inflation |
xchrom |
May-10-11 11:30 AM |
#102 |
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China Tests Helicopter Drone |
xchrom |
May-10-11 11:34 AM |
#103 |
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China pledges to cement ties with Afghanistan as FM visits Beijing |
xchrom |
May-10-11 11:43 AM |
#106 |
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Chile, HK ink investment deal |
xchrom |
May-10-11 11:46 AM |
#107 |
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UPDATE 1-Regulators probe Goldman analyst communications |
xchrom |
May-10-11 08:43 AM |
#65 |
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A fugue for GS in the style of JSB |
Demeter |
May-10-11 01:52 PM |
#129 |
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middle east: Emirates sees 52% surge in profit, despite unrest |
xchrom |
May-10-11 08:49 AM |
#66 |
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Saudi Arabia gets tougher on jobs for expats |
xchrom |
May-10-11 09:05 AM |
#68 |
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Tamweel plunges 10% on first trading day since 2008 |
xchrom |
May-10-11 09:07 AM |
#70 |
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Saudi hits week-high, construction stocks up |
xchrom |
May-10-11 09:12 AM |
#74 |
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Japan quake slowdown to hurt Toyota sales in UAE |
xchrom |
May-10-11 09:15 AM |
#75 |
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Commodities trading is banking's new battleground |
xchrom |
May-10-11 09:19 AM |
#76 |
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the next big bubble. And, of course, who needs regulation? |
Roland99 |
May-10-11 09:23 AM |
#79 |
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+1 |
xchrom |
May-10-11 09:38 AM |
#84 |
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Forecast: Orlando worst housing market in U.S. |
Roland99 |
May-10-11 09:22 AM |
#78 |
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March wholesale inventories rise, sales surge |
xchrom |
May-10-11 09:28 AM |
#80 |
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Import price rise slows in April |
xchrom |
May-10-11 09:30 AM |
#81 |
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not exactly pertinent, but: Harvard-Connected Lobbying Group Confesses to Illegally Helping Gaddafi |
xchrom |
May-10-11 09:36 AM |
#83 |
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Apple overtakes Google as world's most valuable brand |
xchrom |
May-10-11 09:44 AM |
#86 |
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Conn. to Begin Layoffs for State Workers (5,000) |
Pale Blue Dot |
May-10-11 10:31 AM |
#89 |
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In Connecticut, I Don't Think "Democrat" means What We All Think It Does |
Demeter |
May-10-11 01:56 PM |
#130 |
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I worked for Ned Lamont's campaign that year. |
Pale Blue Dot |
May-10-11 03:03 PM |
#133 |
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U.S. stocks extend gains into third day |
xchrom |
May-10-11 10:53 AM |
#94 |
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australia: Australian budget expected to be austere |
xchrom |
May-10-11 11:00 AM |
#96 |
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Forex: AUD/USD challenging weekly highs |
xchrom |
May-10-11 11:02 AM |
#97 |
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Budget ignores SA farmers - Xenophon |
xchrom |
May-10-11 11:06 AM |
#98 |
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Federal Budget will be easier on disabilities but harder on the unemployed |
xchrom |
May-10-11 11:08 AM |
#99 |
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Major bank slide leads market down at close |
xchrom |
May-10-11 11:40 AM |
#105 |
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Deleted message |
Name removed |
May-10-11 12:14 PM |
#110 |
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All I can say is... |
AnneD |
May-10-11 01:27 PM |
#115 |
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um -- er -- no. nt |
xchrom |
May-10-11 01:37 PM |
#121 |
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Debt: 05/05/2011 14,321,667,187,751.50 (DOWN 12,146,302,884.49) (Thu, DOWN a lot.) |
Festivito |
May-10-11 01:28 PM |
#116 |
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Debt: 05/06/2011 14,322,686,905,560.01 (UP 1,019,717,808.46) (Fri, UP a little.) |
Festivito |
May-10-11 01:32 PM |
#118 |