Citigroup Makes a Good Move: Preparing to Buy Out Uncle Sam [View article]
I hope sell enough shares to pay us back before they go bankrupt in the next couple of years. They were and are still insolvent but for the money of the U.S. Taxpayers
Just like the American people thought, this is a bailout for the biggest on wall street. Look at the list of who is going to get the money. It is a who's who list of the companies which caused this mess and they are being rewarded! There should be jail time not bonus time for these companies. This money should have been used in better ways. The fact of the matter is that the banking sector will be reduced by twenty to forty percent weather the government wastes the taxpayer money. Goldman Sachs is a $50.00 stock masquerading as a $115.00 stock. Until this changes the market will continue to suspect the valuations of the financials. The government just threw our money down a deep dark hold and it will not help Main Street.
777 could be a sign from GOD. I think that the American people showed that they want their country back. We the people have to stop the GREED! We are going to have a global recession or depression no mater how much the banks are helped. Their valuations are still to high for their ability to produce revenue. This is something that isn't talked about. It is blamed on short selling the root of all evil. If the SEC had not banned shorts on financial we might have only we might have only lost 200 to 350 on the Dow. Brilliant and the government wants give them 700 billion come on really. Just look at Mr. Paulson's and Mr. Bernake's track record over the last year.
Probe of Citigroup et al Could Hit Financial ETFs [View article]
I don't like gold as and investment but it looks like if things get worse. I think it might be wise to load up on GLD for a temporary hedge against collapse of the financial markets. Hold GLD only until the financial markets are truly restored. Not being rallied by people in the government who know better and surly have broken US Law.
Bank Stocks: Another Day Through The Looking Glass [View article]
Remember the only people on earth that would buy financial stocks at this time, would be the Plunge Protection Team (PPT). People need to write their US Representatives and US Senators and remind them that they are the elected officials, and we will have our revenge on them. We may not be able to get to Paulson and Bernake but if they continue to send good money after bad and rob our children and grandchildren the wealth earned by previous generations of Americans as well as our own.
The lack of honesty is a beacon to the would that American can't be trusted. Free markets? Who would believe that now.
Citigroup Makes a Good Move: Preparing to Buy Out Uncle Sam [View article]
Good luck and good trading
Dave
Citibank's Problems Are Far from Over [View article]
Good luck and good trading
Dave
Citigroup 2007 Disclosure: Why It Bothers the SEC [View article]
Dave
Schumer Is Way Off [View article]
msgtb
What is Hank Paulson Thinking? [View article]
Good Luck
Probe of Citigroup et al Could Hit Financial ETFs [View article]
Bank Stocks: Another Day Through The Looking Glass [View article]
The lack of honesty is a beacon to the would that American can't be trusted. Free markets? Who would believe that now.
Please Vote!
American Express Calls Investment Banks' Bluff [View article]