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Cuomo filing civil charges against BofA

Started by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009
Discussion about
when it rains, it pours... >> Cuomo filing civil charges against BofA Bank of America and former BofA Chief Executive Ken Lewis are charged with misleading investors about the bank's acquisition of Merrill Lynch in 2008. http://www.crainsnewyork.com/article/20100204/FREE/100209935/1048
Response by sidelinesitter
almost 16 years ago
Posts: 1596
Member since: Mar 2009

somewhere, from out exchange on another thread: "If you have a problem, and think something isn't related, say it."

OK, this thread isn't related to real estate.

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Response by The_President
almost 16 years ago
Posts: 2412
Member since: Jun 2009

don't worry sidelinesitter. The bears will try desperately to link this to Manhattan real estate, just as they do everything else that is irrelevant.

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Response by sidelinesitter
almost 16 years ago
Posts: 1596
Member since: Mar 2009

Meanwhile, the bulls will post every random chart where the line happens to slope up - stocks, junk bonds, oil, copper, pick the asset - and say that means real estate is going up. Now that I mention it, where is ericho lately anyway?

What we really need is a somewhereelse vs. ericho post-off. Most random threads started in 10 minutes wins. What do you think?

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

> OK, this thread isn't related to real estate.

If you think Wall Street bonuses aren't related to Manhattan RE, you need to go back a couple years and argue with some bulls!

Seems like you really do have no idea what the bulls or general public were saying a few years ago...

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

(but, good for you, at least you properly directed your anger this time!)

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

AND, even if you say this one isn't related.... the other 2 were on 1) townhouse prices and 2) fairway taking a new location.

Still holding on to that "more than half" claim?

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Response by sidelinesitter
almost 16 years ago
Posts: 1596
Member since: Mar 2009

The bonuses were paid a year ago That's over. The article is about Ken Lewis being sued. Please explain again how Ken Lewis being sued is related to Manhattan real estate. The man doesn't even live in New York.

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Response by marco_m
almost 16 years ago
Posts: 2481
Member since: Dec 2008

its a negative for the markets becuase of the people and institutions involved. being that ken lewis cant plead the fifth in this hearing and they tie this into bernanke and paulson its going to get very ugly.

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

The best part about sideline sitter's complaining is... ALL THREE of the articles were posted by others as well. Someone else just posted the same piece today, thinking it was relevant. Did slideline jump on him? Of course not.

Methinks the guy is just trying really hard to find a reason to justify his being so crochety.

Contending that Wall Street bonuses are unrelated, thats the funny part.

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Response by Riversider
almost 16 years ago
Posts: 13572
Member since: Apr 2009

SEC action was a joke. How do you settle by having the shareholders pay the fine, which was assessed because the SEC believed BAC was harming the .... shareholders?

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

well, this past year has not been short on irony...

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Response by Riversider
almost 16 years ago
Posts: 13572
Member since: Apr 2009

Well said somewhereelse..
And as Colbert said to Eliot Spitzer, Seeing Bernanke reappointed to the Fed after havinig served on the Fed that caused the problme, should give someone like Spitzer hope that he could be governor again!

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