citishark

Citi Stress Calculations

on the point. The "elder" you go the wiser you become!

But again: governments do not lie, specially this one that "pledged" to be "transparent and open".........

Head of Congressional Oversight Panel Slams Geithner, Again

It is because she can NOT "point to power"....(politicians now in power being to big to fail, too historic...etc) So the other alternative is better: WE pay! Period.

Give her a year...if that at all!

Is the Market Really Like a Political Tracking Poll?

Wise up gentleman!. This is pure politics. This wind-bag has as much financial accumen as any other community organizer, so what do you expect? And he is in a rapid course to "fake it" in public ...("until he'll make it" some people thinks) with a little help from cram sessions with "his experts" previous to hispublic appearences..and the jamming of the teleprompter.

Analyzing his assersions (that somebody is still chisseling in marble....)is a total waste of time ...for busy people!.

Cheers!

Will Obama Be Re-elected?

do not discount that 8-12 million of "new citizens" are going to be legally added to the voters count given the amnesty legislation being cook in congress (pun intended).

I'll figure that 95% of them will vote democrat in the next 3-4 presidential elections.

Rick Santelli: The Best Five Minutes in CNBC History

Have you ever hear about "re-distribution of wealth"? You -and the rest of us- are in the initial phases of it. If you think this is baaaaad, get ready: plenty more to come in the next 4 yrs! And if the country "do not get it" could be extended to 8 yrs.


On Feb 20 07:19 AM honest mortgage guy wrote:

> I have one comment for both of you; I own a mortgage company. during
> the "go go" days, I refused to do loans for people that could not
> afford them. I made it my responsibility to "know my borrower" and
> only originate loans that they could pay back. As a result, I did
> well but nearly as well as those that practiced irresponsible lending.
> Now I see Santelli ranting on a trading floor on CNBC about the mortgage
> crisis. My income is now 40% of what it should be largely because
> of Wall Street greed. The Wall Street guy's all made their money
> and now screw the rest of us. I wonder what Santelli (and you) have
> to say about that?

Stimulus Watch: Nobody Gets Everything

The only ones getting EVERYTHING are demokrats...including Obama. And even before they start "cutting" the bill they added another couple of hundred of billions in pork projects (all well intentionated..!) and got the bill about the same size as they intended to have it.

Who was the one saying: "I want a bill with anout $750 Billion on my desk..."? And you dare to say nobody got what they want...!

Wal-Mart: Think Long-Term Investment

"Lucky" 'em...that do not have to care about their business model, execution and so many variables in this sector .... Ironic how "having $" solve everything in running a business!

C'mon guys! Get out of the prairie and bring some juice in your comments!

Cramer's Mad Money - Obama Accountability Index (1/21/09)

How 'bout Accountability and Obama?

Why It Matters That a Saudi Prince Was Burned by Citigroup

'course....the liberal control of congress (pun intended!) has nothing to do with this or the enaction of the laws that regulate these institutions. (HINT: problems you mentioned did NOT started in the last conservative administration that you seems to abhor..)

...If this is the best somebody ranked "top 100" can bring to this forum, I must be in the wrong place!

'The Fierce Urgency of Now'

I see no sign of "centrist/centrism" in Obama at all, not even a try or desire to move from the extreme left where he has been very comfortably all his life.... but even conceding the point my answer to the first and second question: NO

And -unfortunately- as you said: "Time will tell"...and prove me right!

Cheers!


On Jan 20 10:44 AM iThinkBig wrote:

> President Obama appears Centrist. Can he reign in the ultra-liberal
> and financially illiterate Congress? Will the citizenship begin voting
> out the corrupt or inept in 2010/2012 in the House of Reps as they
> have in other era of fiscal turmoil? I guess time will tell.

Where Citigroup Went Wrong

I concur with Eric (take it from an insider..!) We all saw the exodus of top quality executives leaving Citi after Jamie left....some of them joined him at Banc One...some went to another outfit. But the BIG loser in all this was Citi...

That's probably the cause of some of the frustrated anger Sandy has knowing that he did NOT made a sound business decision by ousting Dimon...and the consequences are now more than obvious. On the other hand, Jamie must have a good feeling looking in the distance these facts as well as the outcomes for him, Citi, Jessica and Marc. Performance is everything!

One thing is for sure: Sandy did a good job in grooming Jamie for so long!

Capitalism: RIP

All I see is people bringing their opinions about how bad the financial institutions, capitalism and the executives are. What is the cause we are in this situation? Enter the infallible and magnanimous US Congress, as usual interfering in the normal function of the markets for totally insane -albeit "touching"- reasons.

And how we are planning to solve this problem? By "giving" congress more and more power and increase "regulation and oversight". Are we insane??

...and need to be said: the more we keep electing liberals to public offices and positions the closer to hell we'll get.