hoover

BofA Following Citigroup to $5 or Lower

Yes, $2 trillion or more is needed to stabilize the financial system. But, of course it takes LESS than $2 trillion to buy up all of the troubled mortgages and other loans. And that tells you that maybe the mortgage mess is only the excuse, and not the biggest problem. Where has the money gone? They aren't saying. Another reason to believe the mortgage mess is not the real problem. There is a lot of investment money on the sidelines just waiting jump into the market and buy bank stocks and other worthless stocks. They want to get in at the bottom before the next big boom. Good luck!

On Jan 15 11:39 AM Ishortyou wrote:

> the financial system needs at least 2 trillion dollar capital injection
> to stabilize at the least.