Citigroup
Jamie Dimon’s Thoughts on Chinese Banking System
In this excerpt, an employee who was present at the meeting sums up Jamie Dimon's, the head of JPMorgan, thoughts on China.
Is American Express (and financial stocks) still cheap?
There are very few financial companies that one can actually analyze and thus value -- American Express (AXP) is one of them, and I believe it's a great proxy for other financial stocks.
Jeremy Siegel is brilliant, uplifting and just plain wrong!
S&P 500 earnings topped out at about $84 a share in June 2007, while corporate profit margins were 44% above their average since 1980.
Audio Interview with Chuck Jaffe at MarketWatch
I had a fun radio/podcast interview today with Chuck Jaffe at MarketWatch, we “played” hold it or fold it with some of the stocks we own.
The Wall Street Transcript Interview Excerpts
I was interviewed by The Wall Street Transcript, and I will share some excerpts from the interview.
Citigroup – As Good As it Gets?
Who would have thought that an almighty Citigroup (C ) would be taking out a sub-prime no-income verification $7.5 billion convertible preferred loan from Abu Dhabi?
Fly, Don’t Buy Airlines or Why Big Banks Make Dumb Loans
Why would somebody ever give a loan or buy airline bonds of any country? I can understand buying distressed bonds or maybe a stock as a trade.
Why Are Bank P/Es So Low?
Larger banks have lower P/Es generally because they are perceived to have a slower or more limited growth potential.
