Posts Tagged ‘

Dick bove

Why I was wrong, by Dick Bove

Rochedale’s Dick Bove has pondered why he’s been wrong on the banks — spurred on, he writes, by a Bloomberg survey (which we couldn’t find) showing analysts’ predictions on financial stocks have been dismal over most of the past two years. More…

Britain’s Dick Bove

Ian Gordon is fast becoming the UK’s answer to Dick ‘I ♥ banks’ Bove.

Last week, the Evolution Securities analyst and bank apologist rodeto the rescue of RBS, dismissing reports that the state-controlled lender might need another injection of capital. More…

Dick Bove says – the search for a new safe haven is on

Gold? Pffft.

The euro? Too euro-trash.

The dollar? Puh-lease.

Rochdale banking analyst Richard Bove reckons the search is on to find a new global safe haven. Because even if this US debt debacle gets sorted by lifting the ceiling, More…

Dick Bove solves Europe’s debt crisis in 407 words

Diagnosis:
Misusing Savings

Recent statements by some central bankers and interested observers suggest to me that the reality discussed in Rochdale Securities comment entitled Pressure on Bank Stocks Continues dated June 20, More…

Bove says Goldman hasn’t gotten him

Rochdale Securities banking analyst Dick Bove is mildly annoyed this Monday.

Having reversed his position on Goldman Sachs and its alleged subprime short after Andrew Ross-Sorkin sprang to the bank’s defence last week — it seems Bove has become the focus of some criticism. More…

Dick Bove says folks at the Federal Reserve have ‘lost their minds’

Really.

And it’s all because of one little speach by Daniel Tarullo. The Federal Reserve Board governor took to the Peterson Institute stage on Friday to recommend that systemically-important financial institutions (SIFIs) increase their capital ratios by 20 per cent to 100 per cent over their current levels. More…

From vampire squid to 1,100-pound medical emergency

They weren’t murderers or anything; they had merely stolen more money than most people can rationally conceive of, from their own customers, in a few blinks of an eye. But then they went one step further. More…

Cuomo ‘lacks financial acumen, hates banks’, Bove says

In case you were wondering just how much Dick Bove <3 banks and dislikes regulation, the following CNBC piece should make his feelings abundantly clear:
New York Attorney General Andrew Cuomo is the “father of the subprime crisis” More…

Those Bove-rred banks

What’s this? A sort-of-downbeat bank note from Rochdale Securities analyst Richard X Bove?

Using fourth-quarter data from FDIC, Richard ‘I ♥ banks’ Bove, has put together a presentation on banks’ asset quality. More…

Bonkers Bove, the blueprint

As an addendum to Monday’s political rant, Rochdale Securities banking analyst Dick Bove has made a flow chart. 
It is, by his own admission, rather “poorly drawn,” but it looks like this:  More…

Really Bove-erred over Volcker

First, the Volcker rule was going to be good for banks like Goldman Sachs.

Now, it’s going to cause an almighty market crash.

What’s more, Barack Obama is like Hugo Chavez; The rich are being prevented from being enriched; More…

Bove-rred

Outspoken and prolific banking analyst Dick Bove has made a bid for personal victory.

Having been sued in July 2008 by BankAtlantic Bancorp for defamation and negligence over a note written for his previous employer, More…

The perils of instant analysis

It seems Dick Bove has landed himself in a bit of trouble.

Having appeared on CNBC immediately after Wells Fargo’s third-quarter results on Wednesday, saying the bank was a “standout” among financial institutions, More…

‘Bank of America is losing a brilliant leader’

Dick Bove weeps for the loss of Ken Lewis. Emphasis FT Alphaville’s, eyebrow-raising assertions Bove’s:

- Ken Lewis has resigned as the CEO of Bank of America effective December 31, 2009. He made the decision because his ability to manage the company was critically impaired by the “hue and cry” raised against him. More…

Bankers vs ballers, by Bove

Confirming what everyone in the UK — land of the obscenely paid footballer — already knew, veteran banking analyst Richard Bove has authored a piece of research illustrating that bankers do not make as much as those in professional sports. More…

[The Lehman Anniversary] Quotes du crise

FT Alphaville presents a selection of visionary — and not so visionary — quotes from the Lehman crisis.

To start, Dick Fuld, CEO of Lehman, on October 6, 2008:

I’m not sure I would say it was a house of cards . More…