Fremont Real Estate Realtor

The Real Deal with Ken Lewis

I'm very ahppy to see Ken Lewis sent out the door. I would like to see these too big to fail banks spilt-up so they're no longer too big to fail. I'd like to limit concentration of bank presence to no more than 25% per region. Also State Income income loans should not exist. It encourages understatement of income to the government and reduces tax receipts. If people want to buy a home with a loan, they should be required to show proof of income suffcient to make the payments.

Why I'm Holding On to Citigroup Stock

I agree with Jonathon Christopher, you're buying a call option, however, I'd say with the recent talk from Obama and Guitner, there's a good chance this call option could expire worthless, if Citi's fortunre don't improve by the next 6 months. Everyone is talking about the need to let banks fail, if they are insolvent, and Citi may be the first candidate.