Friday, November 13, 2009

Stock Market Update: Friday, November 13, 2009

U.S. Bank stock was down today and (according to a couple of sources I ran across) it is due to some comments by Dick Bove, (AKA, He Who Shall Not Be Named) who said today that U.S. Bank, “continues to strengthen its balance sheet but must do better in controlling loan losses . . . The bank has provided data to show that it is in better condition from an asset quality standpoint relative to its peers, but its loan quality is still eroding and this could create problems with the expansion program and the bank's success in building its balance sheet strengths."

Oh yeah? Well, yo momma’s so stupid she tried to put all the M&Ms in alphabetical order!

There, I feel better!

On the other hand, the Dow was up 73 points on news that NASA said today that there is LOTS of water on the moon. As opposed to cheese, as we were all taught in elementary school . . .
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