Man there are a lot of things that I want to post about here!
A) The Manulife One issue: This is a short-term problem in my eyes. The LIBOR rate has been dropping and as it continues to get back in line with historical norms things should straighten out. I've seen the red flag forum...I don't think that anything I have to say is going to change minds there, and it would be just throwing mud on my part. You get in the mud with a pig and you both get dirty...only the pig likes it!
B) As far as GE you have to consider that Buffett got a certain deal that the average guy isn't getting there. His money is LIFO....so he's pretty safe.
C) BNS might be one of the more conservative banks when compared to CIBC...but that isn't necessarily saying a whole lot! There have been some questions I've heard about the Mexican operations and the possible losses there for a little while now. They are also on the hook for $400 billion for Teck..so take that for what its worth.
Anyway, I'm not a single stock guy, so this is just conjecture on my part.
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