Tag Archives: Bank of America

JP Morgan and Goldman See $1,800/oz Gold By Year End – Iran, Middle East and Inflation Risks Cited

Posted on September 7, 2012 by DRenegade

Research houses, analysts and banks are revising their estimates for year end 2012 gold prices higher. They believe that concerns about inflation and demands for gold as a store of value should lead to higher gold prices by the end … Continue reading →

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FDIC STATISTICS: READ ‘EM AND WEEP – ANN BARNHARDT

Posted on August 22, 2012 by DRenegade

Just following up with citations and illumination on the whole propaganda meme that is the FDIC, because, as far as I can tell, the vast majority of people think that the FDIC is a magical, omnipotent entity that has infinite … Continue reading →

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Exclusive: U.S. banks told to make plans for preventing collapse

Posted on August 10, 2012 by DRenegade

I wrote an article outlining the Bank of America Declaration in May, 2012.  While some people thought that this was a “red herring”, I still believe our banking system is the root cause of our impending economic collapse. Bank of … Continue reading →

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Bank Of America Has Lost Money Trading On Only Three Days In 2012

Posted on August 2, 2012 by DRenegade

From the just released Bank of America 10-Q: “During the three months ended June 30, 2012, positive trading-related revenue was recorded for 95 percent, or 60 of the 63 trading days of which 75 percent (47 days) were daily trading gains … Continue reading →

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BofA Reports $2.5 BN Net Income On $1.9 BN Reserve Release, Private Repurchase Request Claims Soar

Posted on July 18, 2012 by DRenegade

There were several numbers one should focus on today’s Bank of America earnings release. They were not the Net Income EPS ($0.19 which beat estimates of $0.15), the Income before income taxes of $3.4 billion, nor Revenue net of interest … Continue reading →

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Bank of America Credit Downgrade and Negative Outlook

Posted on June 22, 2012 by DRenegade

Moody’s Investors Service lowered its rating credit rating on Bank of America after the closing bell on Wall Street on June 21, 2012. As previously noted in the “Bank of America Declaration“: The Bank of America is the country’s largest … Continue reading →

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Why Did Bank of America Deceive Its Stockholders?

Posted on June 4, 2012 by DRenegade

Why would Bank of America deceive its stockholders concerning future losses on the purchase of Merrill Lynch? Think about it: banks are in business to make money for both its executives (mainly) and stockholders. Unless the government was pressuring (or … Continue reading →

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Bank of America – Zerohedge Analysis

Posted on May 30, 2012 by DRenegade

Spot The Odd One Out From last Wednesday’s ECB rumor that ramped stocks higher and financials more than anything else, Goldman and JPMorgan have retraced it all and the rest are reverting rapidly on the total refutation of any rumors. … Continue reading →

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Bank of America’s Stock Plunge in the Past Month

Posted on May 17, 2012 by DRenegade

The above graph shows the price of Bank of America’s stock plunge over the past thirty days. The market has experienced a decline of 2.70%  but BofA’s stock has declined 19.62% in this same period of time. What are possible … Continue reading →

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$2 Billion Loss for JP Morgan, $11 Billion Settlement for Bank of America

Posted on May 13, 2012 by DRenegade

Bank of America has put $11 billion aside to reduce principal on existing mortgages as part of yet another settlement to the government. What do you have to do to qualify: 1. Have a mortgage with Bank of America or … Continue reading →

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One Picture Is Worth $75 Trillion in Derivatives

Posted on May 13, 2012 by DRenegade

H/T San Jacinto County Outlaw

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The Bank of America Declaration

Posted on May 11, 2012 by DRenegade

Our actions to restore our nation to its original founding principles are coming to a crossroads. We have been divided in our efforts through an inability to focus upon one issue as a whole. Most of our efforts have been … Continue reading →

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Bank of America Reportedly Drops Gun Company for Political Reasons

Posted on April 22, 2012 by DRenegade

Bank of America has a derivative exposure of $50.135 Trillion dollars The columns above are $100 bills representing $50.135 Trillion See additional comments on Tea Party Nation. BofA is sticking the tax-payers with a MASSIVE bill, by moving derivatives to accounts insured … Continue reading →

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Bankers Always Have Money

Posted on November 29, 2011 by DRenegade

It is an unwritten axiom that if you are successful in your business, you will always be guaranteed to have the product that you make or the supply of the product that you distribute. If you are a cobbler, you … Continue reading →

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Hypocrisy, Political Corruption, Redistribution or All of the Above

Posted on October 5, 2011 by DRenegade
http://www.youtube.com/watch?v=erRBJCPSB58″>httpv://www.youtube.com/watch?v=erRBJCPSB58

The latest movie from Accuracy in Media (AIM) outlines the hypocrisy of our federal government (Dick Durbin in this example). httpv://www.youtube.com/watch?v=erRBJCPSB58 The government imposes new regulations on banks. The banks pass the increased costs on to the consumer as monthly … Continue reading →

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