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	<title><![CDATA[tom brown Resources | BNET]]></title>
	<link><![CDATA[http://resources.bnet.com/topic/tom+brown.html]]></link>
	<description><![CDATA[White papers, case studies, business articles, and blog posts relating to tom brown]]></description>
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		<title><![CDATA[Synovus: A Beat-Up Bank to Bet On]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F174618-synovus-a-beat-up-bank-to-bet-on%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  If you want to know which beaten-up bank stocks will provide the most ample returns from here, go back and look at what happened last cycle. Back in 1990, after bank stocks bottomed in November, the charge was led by those banks that still had significant...]]></description>
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		<pubDate>Fri, 20 Nov 2009 06:05:24 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
		<category domain="http://resources.bnet.com/topic/synovus+financial+corp..html"><![CDATA[Synovus Financial Corp.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">SNV</category>
		<category domain="tickers">SNV</category>
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		<title><![CDATA[Confusion Reigns About Banks' Minimum Capital Requirements]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F173735-confusion-reigns-about-banks-minimum-capital-requirements%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  Ask a bank CEO which capital standards his regulators care most about, and what minimum levels they&#8217;re insisting on, and he&#8217;ll look as if you&#8217;d asked him to count to 100 in Mandarin. He won&#8217;t have a clue. by Tom Brown]]></description>
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		<pubDate>Tue, 17 Nov 2009 01:25:26 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
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		<title><![CDATA[Boston Private: The Tide Is Turning]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F170734-boston-private-the-tide-is-turning%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  Among the bank stocks that have gotten walloped as a result of the Great Credit Crunch&#8212;and there are plenty&#8212;one of our favorites is Boston Private Financial Holdings BPFH. In fact, the stock is one of our largest positions. by Tom Brown]]></description>
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		<pubDate>Tue, 03 Nov 2009 01:19:37 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
		<category domain="http://resources.bnet.com/topic/boston+private+financial+holdings+inc..html"><![CDATA[Boston Private Financial Holdings Inc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">BPFH</category>
		<category domain="tickers">BPFH</category>
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		<title><![CDATA[Mortgage Servicer Ocwen: Ready to Roll (Up)]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F166554-mortgage-servicer-ocwen-ready-to-roll-up%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  Despite the turmoil the mortgage lending industry has been through over the past two years . . .   Hold on a minute. &#8220;Turmoil&#8221; doesn&#8217;t really describe what the industry has endured, does it? Four of the ten largest depositories from 2006 have either failed...]]></description>
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		<pubDate>Wed, 14 Oct 2009 01:50:23 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
		<category domain="http://resources.bnet.com/topic/freddie+mac.html"><![CDATA[Freddie Mac]]></category>
		<category domain="http://resources.bnet.com/topic/ocwen+financial+corp..html"><![CDATA[Ocwen Financial Corp.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">FRE</category>
		<category domain="http://rss.financialcontent.com/stocksymbol">OCN</category>
		<category domain="tickers">FRE,OCN</category>
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		<title><![CDATA[BofA: Who Should Be CEO?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F165238-bofa-who-should-be-ceo%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  If you think I&#8217;m having trouble resisting the temptation to go on one last, extended, triumphal rant on what an all-season disaster Ken Lewis&#8217;s CEO-ship at BofA BAC  has been, you don&#8217;t know the half of it ( . . . Fleet . . ....]]></description>
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		<pubDate>Wed, 07 Oct 2009 02:40:19 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
		<category domain="http://resources.bnet.com/topic/bank+of+america+corp..html"><![CDATA[Bank of America Corp.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">BAC</category>
		<category domain="tickers">BAC</category>
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		<title><![CDATA[Financials: Why Doesn't Sell-Side Realize the Value?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F164959-financials-why-doesn-t-sell-side-realize-the-value%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  Take a look at the following, which appears in the valuation section of a sell-side report out last week on Fifth Third Bancorp FITB, initiating coverage with a &#8220;Market Perform&#8221; rating.      [W]e have opted for a price-to-tangible book value methodology, in...]]></description>
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		<pubDate>Tue, 06 Oct 2009 01:08:18 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
		<category domain="http://resources.bnet.com/topic/fifth+third+bancorp.html"><![CDATA[Fifth Third Bancorp]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">FITB</category>
		<category domain="tickers">FITB</category>
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		<title><![CDATA[Case-Shiller's Recent Strength: It's Not Just Seasonality]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F163939-case-shiller-s-recent-strength-it-s-not-just-seasonality%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  For months now, housing skeptics have told us that recent signs of stabilization in home prices&#8212;as seen in, for instance, a flattening in the Case-Shiller home price index for most of this year&#8212;is a result of mere &#8220;seasonality&#8221; rather than any real strength in the market....]]></description>
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		<pubDate>Tue, 29 Sep 2009 09:20:02 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
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		<title><![CDATA[Synovus Financial: Not All Banks Will Be Wiped Out]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F162853-synovus-financial-not-all-banks-will-be-wiped-out%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  One of the more successful investing strategies we&#8217;ve followed this year is what I&#8217;ll call, for lack of anything snappier, the Buy-Banks-The-World-Thinks-Are-At-Death&#8217;s-Door approach. It works exactly the way you&#8217;d think: Find a bank that is a) loaded down with bad loans (preferably in Arizona, California, Florida...]]></description>
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		<pubDate>Tue, 22 Sep 2009 11:35:57 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
		<category domain="http://resources.bnet.com/topic/synovus+financial+corp..html"><![CDATA[Synovus Financial Corp.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">SNV</category>
		<category domain="tickers">SNV</category>
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		<title><![CDATA[AIG's Premium-Finance Business: A Win for Wintrust]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F161902-aig-s-premium-finance-business-a-win-for-wintrust%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  It looks to us as if Wintrust Financial&#8217;s WTFC acquisition of AIG&#8217;s life insurance premium business, which closed in July, is shaping up to be a much better deal than we and the rest of Wall Street first realized.      In particular,...]]></description>
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		<pubDate>Wed, 16 Sep 2009 10:59:29 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
		<category domain="http://resources.bnet.com/topic/american+international+group+inc..html"><![CDATA[American International Group Inc.]]></category>
		<category domain="http://resources.bnet.com/topic/wintrust+financial+corp..html"><![CDATA[Wintrust Financial Corp.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">AIG</category>
		<category domain="http://rss.financialcontent.com/stocksymbol">WTFC</category>
		<category domain="tickers">AIG,WTFC</category>
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		<title><![CDATA[MB Financial's Acquisition of Corus Branches: A Good Deal]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F161708-mb-financial-s-acquisition-of-corus-branches-a-good-deal%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  We don&#8217;t have a position in MB Financial MBFI, but the company is getting such a good deal in its acquisition of the branches of the just-seized Corus Bankshares that I can&#8217;t help but make a comment. by Tom Brown]]></description>
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		<pubDate>Tue, 15 Sep 2009 11:50:14 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
		<category domain="http://resources.bnet.com/topic/mb+financial+inc..html"><![CDATA[MB Financial Inc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">MBFI</category>
		<category domain="tickers">MBFI</category>
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		<title><![CDATA[The FDIC Isn't Helping the Banking System]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F160862-the-fdic-isn-t-helping-the-banking-system%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  Wait a minute. I was under the impression the FDIC wants new private capital to enter the banking business. And I was also under the impression the agency prefers it be supplied by actual bankers (as opposed to, say, private equity investors). So someone please explain...]]></description>
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		<pubDate>Thu, 10 Sep 2009 07:54:33 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
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		<title><![CDATA[The Real Source of BofA's Troubles: Ken Lewis]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F156947-the-real-source-of-bofa-s-troubles-ken-lewis%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  It&#8217;s been awhile since I&#8217;ve had a chance to engage in an extended squawk about what a train wreck Bank of America BAC has become under Ken Lewis. I&#8217;ve been busy! But the company&#8217;s management changes of the past few weeks and years show yet again...]]></description>
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		<pubDate>Tue, 18 Aug 2009 11:40:21 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
		<category domain="http://resources.bnet.com/topic/bank+of+america+corp..html"><![CDATA[Bank of America Corp.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">BAC</category>
		<category domain="tickers">BAC</category>
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		<title><![CDATA[Stress Tests: Stressful Enough - And a Waste of Time]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F154176-stress-tests-stressful-enough-and-a-waste-of-time%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  Can you believe it&#8217;s already been six months since the Treasury announced it would put the country&#8217;s big banks through a bunch of stress tests? Why, it seems only yesterday, doesn&#8217;t it? by Tom Brown]]></description>
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		<pubDate>Thu, 06 Aug 2009 01:00:44 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
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		<title><![CDATA[Of Course Banks' 2Q Credit Quality Got Worse]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F148530-of-course-banks-2q-credit-quality-got-worse%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  Banks will start to report their second-quarter earnings this week. I&#8217;m not going out on a limb, I don&#8217;t think, if I predict that some of the reports will be better than the consensus expects and others will be worse. But nearly all will be closely...]]></description>
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		<pubDate>Tue, 14 Jul 2009 12:12:51 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
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		<title><![CDATA[Bair Wants Banks to Have Inside Track on Deals: Why?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F147739-bair-wants-banks-to-have-inside-track-on-deals-why%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  It turns out the reason Sheila Bair plans to impose such idiotic, draconian restrictions on private equity investors&#8212;a minimum 15% Tier 1 capital ratio, for instance, and cross-collateralization of a PE investor&#8217;s bank holdings&#8212;is that she wants existing banks to get first crack at doing deals....]]></description>
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		<pubDate>Wed, 08 Jul 2009 11:32:16 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
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		<title><![CDATA[The Shadow Banking System Will Not Die]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F145687-the-shadow-banking-system-will-not-die%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  Many of the problems that have afflicted the financial system over the past two years can be traced directly to abuses in the wild-west world of the largely unregulated shadow banking system. Subprime mortgage CDO securitizations, credit defaults swaps, you name it. They all fall outside...]]></description>
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		<pubDate>Sat, 27 Jun 2009 11:48:32 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
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		<title><![CDATA[Reflecting on My Market Mistakes]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F142066-reflecting-on-my-market-mistakes%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  Notwithstanding the obligatory, not-so-fast-you-bulls headline on the front page of today&#8217;s Wall Street Journal (&#8220;Land Mines Pockmark Road to Recovery&#8221;), the last few weeks&#8217; worth of economic news have provided convincing evidence that the financial crisis is finally healing and the worst of the recession is...]]></description>
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		<pubDate>Tue, 09 Jun 2009 12:04:11 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
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		<title><![CDATA[Western Alliance: KBW Sticks It to Bank Investors Yet Again]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F138850-western-alliance-kbw-sticks-it-to-bank-investors-yet-again%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  In the aftermath of the stress tests, capital-raising among the banks has become stylish again. Heaven help their investors. This is just the sort of environment that brings out the worst in both managements and their investment bankers, which is saying something. Shareholders of certain companies...]]></description>
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		<pubDate>Thu, 21 May 2009 12:57:52 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
		<category domain="http://resources.bnet.com/topic/western+alliance+bancorporation.html"><![CDATA[Western Alliance Bancorporation]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">WAL</category>
		<category domain="tickers">WAL</category>
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		<title><![CDATA[Dimon's Letter: What Buffett Should Have Written but Didn't]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F129017-dimon-s-letter-what-buffett-should-have-written-but-didn-t%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:   If you read nothing else today, be sure to read Jamie Dimon&#8217;s letter to JPMorgan Chase shareholders, published Tuesday night. It&#8217;s outstanding. The letter isn&#8217;t just a wrap-up of how Morgan did last year (although, as is typical, Jamie&#8217;s candid on the topic)&#8212;it&#8217;s also a...]]></description>
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		<pubDate>Wed, 01 Apr 2009 11:28:39 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
		<category domain="http://resources.bnet.com/topic/j.p.+morgan+chase+%2526+co..html"><![CDATA[J.P. Morgan Chase & Co.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">JPM</category>
		<category domain="tickers">JPM</category>
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		<title><![CDATA[A Loan Loss Reserve Primer: Beyond Simplistic Ratios]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F128284-a-loan-loss-reserve-primer-beyond-simplistic-ratios%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Tom Brown submits:  First-quarter earnings reports will shortly be upon us. Given what banks have been going through over the past year, the coming reporting season will be more important than usual, particularly since some large banks have already said that their results were decent for the first two...]]></description>
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		<pubDate>Sat, 28 Mar 2009 11:15:42 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/tom+brown.html"><![CDATA[Tom Brown]]></category>
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