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Old 06-26-2020, 06:59 PM   #21
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OK, you guys are making me think about going back to "plan A" and listing it. It's been a real roller coaster these past few months; I keep changing my mind.

The person who shared the "inside" information about foreclosure activity with me is a glass-half-empty kind of guy, so it's very possible it's just the banks trying to catch up with the normal foreclosures which they've been prevented from processing.
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Old 06-26-2020, 07:14 PM   #22
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Quote:
Originally Posted by Freedom56 View Post
Some banks will have no choice but to suspend dividends. In Q1 banks as a whole paid 2 times as much in dividends as they earned. That is not sustainable. When the CEO of JP Morgan warns that they may have to suspend dividends, investors should be concerned. Large money center banks will be okay in the long run but we will see bank failures among the smaller regional banks.
Jamie Dimon seems to me to be a pretty aggressive but pragmatic guy... if he is telegraphing that JPM may suspend its dividend and IMO they are one of the stronger players then that is very troubling.
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