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10 Incredible Figures in 2011 - Do any stand out to you?

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September 13, 2011 – Comments (2)

As someone lucky enough to be able to share my ideas with the community through The Motley Fool, I enjoy writing every article. Every once in a while though... I really really really enjoy writing an article and the ideas just flow like water. Last night was one of those instances. I thought about trying to come up with 10 incredible figures that would represent what we've witnessed as traders/investors since 2011 began. I actually came up with significantly more than 10 and wound up having to whiddle the list down a bit. Needless to say, this was a really fun article to write and I'd be curious if you have any particularly glaring figures that stand out to you this year that I may have missed. Give it a read and let me know.

TMFUltraLong

2 Comments – Post Your Own

#1) On September 13, 2011 at 3:52 PM, davejh23 (< 20) wrote:

"71: Is the glass half-full or half-empty? In 2011 so far, we have witnessed 71 bank failures, which compares to 157 in all of 2010 and 140 in 2009. I'm not ready to pull out the pom-poms and declare victory over toxic mortgages just yet, but it's clear the trend is improving. Seeing good in bad ... you bet!"

It's hard to believe that things have really improved much in this area.  It was recently announced that the number of banks on the FDIC's problem bank list actually declined for the first time in years.  However, some pointed out shortly thereafter that, after accounting for mergers and bank failures, things actually hadn't improved at all.

I believe it was Fall/Winter 2009 when the FDIC announced they were doubling their staff in order to manage the large number of bank failures expected to follow.  They're staffed to manage 300+ bank failures a year.  By the numbers, it looks like things are looking better than the FDIC ever could have imagined two years ago...a little hard to believe.

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#2) On September 13, 2011 at 10:45 PM, rd80 (98.22) wrote:

3.6% and 2.92% - the yields on JNJ stock and JNJ 10-year notes.

JNJ (and probably other companies) could improve cash flow by floating new 10-year paper and buying back shares since the bond coupon payout would be less than the dividend payout on the retired stock.

Disclosure: long JNJ.

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