Bank Stocks Rally!!!

[asdjrocky]

Really, do I need to say anything else?

[laughingliberal]

1. Pretty much says it all. nt

[DJ13]

2. Reform? We dont need no stinkin reform!

[asdjrocky]

3. Or...

I've got your reform right here. (Imagine the hand gesture.)

[DJ13]

4. No fair, that was better than mine!

:thumbsup:

[asdjrocky]

6. Not better at all, just different.

You know, the spice of life and all that.

[phasma ex machina]

13. Au contraire. Banksters needed to reform themselves before they could

start yet another round of "Hold 'em up."

[asdjrocky]

5. Sorry, more to say...

The sector enjoyed a bump Friday morning, as shares of JPMorgan Chase ( JPM - news - people ) rose 2.6%, Citigroup ( C - news - people ) 1.5%, Bank of America ( BAC - news - people ) 1.7%, Morgan Stanley ( MS - news - people ) 1.4% and Goldman Sachs ( GS - news - people ) 1.5%.
http://www.forbes.com/2010/06/25/finance-banking-regulation-markets-equities-reform.html?feed=rss_home

These are the same people that are stealing our homes.

[Greyhound]

7. Otherwise known as the U.S. administration. n/t

[geek tragedy]

8. Actually, yes you do.

It's shoddy, lazy analysis designed to inflame simple minds.

[Hawkowl]

9. The Audacity of Doh!

Rinse repeat. Tarp, mortgage assistance, Afghanistan, health care, financial reform...blah, blah, bleechh!

[Nite Owl]

10. Yep, rally

in financials, they are happy. Happened to the healthcare sector too after that bill passed. Ah, the relief they feel, the pain will be ours.

[katandmoon]

11. Nope! Screwed again courtesy the best public servants bank money can buy.

[Autumn]

12. That does say a lot,

much like the insurance stocks after the "reform".

[Mathilda]

14. NYT: banks express "relief" because bill is not as strict as they feared

"The stock market crept higher at midday Friday as investors registered their relief over a banking overhaul bill that is less strict than feared. A stronger euro also lifted stocks."

http://www.nytimes.com/2010/06/26/business/26markets.html?hp

[phasma ex machina]

16. Somone ought to give the NYT a clue that the banksters never really feared the bill.

The banksters hired 1,000 lobbyists to get exactly what they wanted.

[PBS Poll-435]

15. Pretty Weak Rally

:eyes: