Bailout recipients, including Citigroup (C), Goldman Sachs (GS), Morgan Stanley (MS) and JPMorgan (JPM), might buy toxic assets under the Treasury's $1T plan to clean banks' balance sheets.
Alpha Dinar (pseudonym) is co-founder of Alphadinar.com (http://alphadinar.com), one of the first English financial blogs in Kuwait and the GCC region. Alpha Dinar earned his Bachelors of Science Degree in Accounting, Finance, and Management with Distinction from a reputable US University. He is... More
Ok- lets just say 90% of the dilution is priced into citi stock. Pfd swap takes a little more time. Stock doesnt break hard after the swap. Now S+P has a reweight to the tune of 500 million shares to buy. Hmmmmm. Just a thought Mr. Too Short the 5 strike.
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