tag:blogger.com,1999:blog-1258979445050968882.post3543348911107255604..comments2023-11-26T06:55:42.401-05:00Comments on [ The Financial Ninja ]: Freddie, Ambac, Morgan: This is the Sound of Credit CrunchBen Bittrolffhttp://www.blogger.com/profile/12465978905157927856noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1258979445050968882.post-25679753576942449552008-08-06T10:46:00.000-04:002008-08-06T10:46:00.000-04:00Cheers Ben. I'm just worried that someone will th...Cheers Ben. <BR/><BR/>I'm just worried that someone will throw out a huge "life raft" which will give all confidence in the banks.<BR/><BR/>We need to get people off the credit train, and onto the "reality" train... raise rates, get the dollar up, and make people save/invest money...for things like homes...which hopefully someday, will be an honor to own...not just some "privelage".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-14156183837337419712008-08-06T09:15:00.000-04:002008-08-06T09:15:00.000-04:00Dougiefressh,I'm still in SKF. Not only are the ba...Dougiefressh,<BR/><BR/>I'm still in SKF. Not only are the banks facing continued losses, they are also facing less than ideal revenue and profit opportunities several years out. That should compress their multiples AND bring down estimates 1,3 and even 5 years out.<BR/><BR/>Just make sure you have a balanced portofolio. Keep the risk manageable. Watch your size.Ben Bittrolffhttps://www.blogger.com/profile/12465978905157927856noreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-81255459608143354252008-08-06T09:11:00.000-04:002008-08-06T09:11:00.000-04:00Ben:With Fred/Fan, AMBC, etc, etc...it seems that ...Ben:<BR/>With Fred/Fan, AMBC, etc, etc...it seems that short term, it is hard to guess on which way they will go...with Bernie stepping in all the time....no? <BR/><BR/>Everytime a bank comes close to imploding, Bernie-baby steps in and turns everthing upside down.<BR/><BR/>Long term however, how many times can the fed/govt step in to save the banks? <BR/><BR/>I think people see the govt as a beacon of hope/security...and it's creating false moods on wall street???<BR/><BR/>Bernie must run out of life-lines eventually, no? <BR/><BR/>Given that, is a long play on SKF really sound?Anonymousnoreply@blogger.com