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Joseph L. Shaefer » Comments » BAIRY.PK

  • Wall Street Breakfast: Must-Know News [View article]
    Let's see... Basket case American Airlines is getting a billion dollar advance from basket case Citicorp (with Citi using taxpayer bailout money to buy miles for its basket case credit card division which is doing everything it can to alienate its cardholder base. Then GE Capital, with untold scores or hundreds of billions in off-balance sheet liabilities is stepping in with another couple billion because AMR is such a good credit risk.

    The final result looks like something a 3-year-old with a short attention span would slap and bend together with his Big Brother's erector set...
    Sep 18 12:00 pm |Rating: +6 -1 |Link to Comment
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