The big banks under President Obama / Secretary Geithner

[PBS Poll-435]

Poll question: The big banks under President Obama / Secretary Geithner

In your honest opinion, are the big banks (Citigroup, JPMorgan Chase, Bank of America, Wells Fargo, and US Bank) ok?

We have heard a lot of speculation in the past weeks regarding earnings at the big banks in the United States. What do YOU think?

[Zynx]

1. Three of them are solvent, although the commercial real estate overhang hasn't hit

us yet in a big way. JPMorgan is very exposed to commercial real estate even while they escaped the residential nightmare. Jamie Dimon may yet be dragged down the whirlpool.

[PBS Poll-435]

3. Kazaam

You know your stuff.

:thumbsup:

[FrenchieCat]

2. These are the kind of speculation that are best left to those

who actually have real factual information.

It's not about a "feeling", IMO.

[PBS Poll-435]

4. That is why it is a DU poll.

Thursday, Wells Fargo shocked the market with earnings #s that would make Krugman blush.


Do we believe them?

[FrenchieCat]

5. I don't think they can just get away with nonsense at this point.

Too risky.

But hell, they got mucho money, so I guess they got enough to show a profit. :shrug:

[PBS Poll-435]

9. Any, and I mean ANY, accounting fraud would be the end of them

FUD is soooo 2008.

[Phx_Dem]

6. You can't lump them all together. Citi and Bof A are having

big problems. JPMorgan is doing okay, and Wells Fargo is doing even better.

[ChimpersMcSmirkers]

7. Yep, some of them didn't overleverage themselves and some of them did.

[PBS Poll-435]

8. I know.

:-)

Just trying to gauge consensus.

[Phx_Dem]

10. And according to DUers, they're ALL ready for the morgue! lol

Scary. I guess we're all doomed.

[PBS Poll-435]

11. God bless them,

Every one.


We are not looking good.

:rofl: