Comments on: Calyon Securities’ Mike Mayo Says US Loan Losses Worse Than Depression http://www.businesspundit.com/calyon-securities-mike-mayo-says-us-loan-losses-could-exceed-depression/ Entrepreneurship, Startup Companies and Business Philosophy Sun, 21 Mar 2010 18:00:52 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Mike Patterson http://www.businesspundit.com/calyon-securities-mike-mayo-says-us-loan-losses-could-exceed-depression/comment-page-1/#comment-20883 Mike Patterson Sat, 16 Jan 2010 01:13:39 +0000 http://www.businesspundit.com/?p=9795#comment-20883 http://blogs.wsj.com/deals/2009/04/06/the-history-of-mike-mayo-bank-downgrades/ * April 6, 2009, 4:45 PM ET "The History of Mike Mayo Bank Downgrades" http://money.cnn.com/magazines/fortune/fortune_archive/2001/02/05/296155/index.htm "Being Right Star analyst Mike Mayo thought he could change the ratings game on Wall Street. He thought he could be honest--and tell people to sell stocks that were headed for a meltdown. It cost him his job." David Rynecki Feb 5, 2001 http://www.fcic.gov/hearings/pdfs/2010-0113-Mayo.pdf "Testimony Before the Financial Crisis Inquiry Commission" Jan 13, 2010. “It is dangerous to be right in matters on which the established authorities are wrong.” -Voltaire http://blogs.wsj.com/deals/2009/04/06/the-history-of-mike-mayo-bank-downgrades/
* April 6, 2009, 4:45 PM ET
“The History of Mike Mayo Bank Downgrades”

http://money.cnn.com/magazines/fortune/fortune_archive/2001/02/05/296155/index.htm
“Being Right Star analyst Mike Mayo thought he could change the ratings game on Wall Street. He thought he could be honest–and tell people to sell stocks that were headed for a meltdown. It cost him his job.” David Rynecki Feb 5, 2001

http://www.fcic.gov/hearings/pdfs/2010-0113-Mayo.pdf
“Testimony Before the Financial Crisis Inquiry Commission”
Jan 13, 2010.

“It is dangerous to be right in matters on which the established authorities are wrong.” -Voltaire

]]> By: Andy http://www.businesspundit.com/calyon-securities-mike-mayo-says-us-loan-losses-could-exceed-depression/comment-page-1/#comment-13314 Andy Tue, 07 Apr 2009 03:22:40 +0000 http://www.businesspundit.com/?p=9795#comment-13314 The simplcity presented by Mayo's argument is so thin when examined carefully, one might ask himself, if, in fact Mr. Mayo finds himself short in position or just short in intellect. I have found that valuable people are very rarely fired from good jobs. Perhaps we should consider the source of these findings, before we run to brokers to sell banks. For that matter, in the interest of fairness and transparency, Mr. Mayo are you short on the banks you had mentioned? The simplcity presented by Mayo’s argument is so thin when examined carefully, one might ask himself, if, in fact Mr. Mayo finds himself short in position or just short in intellect. I have found that valuable people are very rarely fired from good jobs. Perhaps we should consider the source of these findings, before we run to brokers to sell banks. For that matter, in the interest of fairness and transparency, Mr. Mayo are you short on the banks you had mentioned?

]]> By: tc http://www.businesspundit.com/calyon-securities-mike-mayo-says-us-loan-losses-could-exceed-depression/comment-page-1/#comment-13313 tc Tue, 07 Apr 2009 02:06:55 +0000 http://www.businesspundit.com/?p=9795#comment-13313 Mayo was also FIRED by Credit Suisse. Which speaks a lot about the lack of credibility this wannabe analyst has. Obviously Mayo got caught short in the market and wants to drive prices down. His long time "bear" attitude (for many many years) is proof enough of his lack of credibility. Its not like he somehow has some special inside information that only he knows about on all banks. Mayo was also FIRED by Credit Suisse. Which speaks a lot about the lack of credibility this wannabe analyst has. Obviously Mayo got caught short in the market and wants to drive prices down.

His long time “bear” attitude (for many many years) is proof enough of his lack of credibility. Its not like he somehow has some special inside information that only he knows about on all banks.

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