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Wells Fargo In Trouble?

Wells Fargo May Need Capital – WSJ.com

An initial U.S. stress test identified Wells Fargo & Co. as among the banks needing a buffer against future losses, said a person close to the company.

But it was unclear Monday whether Wells would be forced to raise fresh capital or if regulators would accept its argument [...]

YES!!!

Looks like keeping everything crossed last night did some good … now to see what happens when the market opens later on today. So far futures are indicating a broad-based up-market day, but how is that going to affect the financials, and specifically Morgan Stanley?

At least we’ve got our deal in place, and so [...]

Revolutionary Thursday

A NATION’S STRENGTH

What makes a nation’s pillars high And it’s foundations strong? What makes it mighty to defy The foes that round it throng?

It is not gold. Its kingdoms grand Go down in battle shock; Its shafts are laid on sinking sand, Not on abiding rock.

Is it the sword? Ask the red [...]

Video Poetry (part wait)

NEW ORDER/JOY DIVISION – CEREMONY

This is why events unnerve me, Define it all, a different story, Notice whom for wheels are turning, Turn again and turn towards this time, All she asks, the strength to hold me, Then again the same old story, Word will travel, oh so quickly, Travel first and lean [...]