Recent News
Home Depot Inc.(HD ) investors on Wednesday asked a Georgia state court to issue an injunction blocking the retailer from paying former Chief Executive Robert Nardelli a $210-million severance package. See Full Story at Yahoo Business.
|
Home 
Neubert's Trades Free Toaster With Your Bank?
Neubert's Trades Free Toaster With Your Bank?
| Free Toaster With Your Bank? |
| Written by David Neubert | |||
| Wednesday, 06 August 2008 14:09 | |||
|
Bank Shares are just so darn cheap right now they could be giving them away with toasters. If you don't want to have to figure out which bank is going under next you can just buy the (XLF -22.36) on next dip. Personally, I've been buying Lehman (LEH - $20.63) because I think they will not go the way of Bear Stearns and American Express (AXP - $38.13) because they are not a bank and any temporary reduction in credit card spending will be made up by the secular trend toward credit card usage and the higher service provided by American Express products. This cartoon from the Sacramento Bee says it all: 
Photo: massdistraction, Creative Commons, Flickr  Disclosure: I own Lehman, I am a former Managing Director at Lehman. I am still participating in their executive compensation plan. I own American Express. I own XLF.
|
|||
| Last Updated on Sunday, 10 August 2008 20:37 |
Latest Postings
- Energy Stocks Got a Boost Monday
- 12 Interesting Things I Learned at The Feast
- In a Warming World Coastal Forests Are the Only Defense
- FDA Approvals and What They Mean to You
- What Happens to the Stock Market if Obama Becomes the CEO of America?
- Global Bailouts Will Lead to Global Inflation: How to Play It
- Global Bailouts Will Lead to Global Inflation: How to Play It
- Orbit Gum: Whiter Teeth Plus Gout and Heart Disease
- Exxon Mobil (XOM) Works On Its Eco Image
- Bush's Final Legacy: Stealth Tort Reform
- Amendment 58 in Colorado Seeks to End Subsidies for Big Oil
- Have the Numbers Gotten Too Big to Understand?
- Why Paulson Can't Clean Up the Pollution on Wall Street
- Will the Real David Icke Please Sit Down
- Beyond Growth: The Wealth of Community
- Big Oil Falls with the Stock Market
- The Rebirth of the System: From Caterpillar to Butterfly
- Pain Relief Without Addiction
- Why I Like Obama on Energy
- The Feast: Social Innovation Conference
- Vaccination Side Effects, Sponsored by Merck
- We Won!!!
- Reframe It: Reading Between the Lines
- The Next Great Pandemic
- Tesoro (TSO) Fights California Ethanol Mandate