Milt's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/275447/comments http://seekingalpha.com/article/99097-vic-a-radically-different-context-for-value-was-going-on-outside?source=feed#comment-277656 277656 Thu, 09 Oct 2008 09:46:54 -0400 http://seekingalpha.com/article/98840-vic-bill-ackman-on-wachovia?source=feed#comment-276194 276194
It's the stock holders and in my humble opinion theres no way in h*ll they are going to vote in favor of Citi at 2B!!!]]> Tue, 07 Oct 2008 17:14:58 -0400
It's the stock holders and in my humble opinion theres no way in h*ll they are going to vote in favor of Citi at 2B!!!]]> http://seekingalpha.com/article/98830-the-duplicitous-sheila-bair?source=feed#comment-275845 275845
If you really beleive that " C is one of the most prominent and important financial institutions on the street" is right then i would rush out and invest in a hurry!

But if you don't want to lose your a** then only borrow it to sell short!

C's got about as much of a chance of survival as Countrwide as the shake out continues mabey even less!!! ]]> Tue, 07 Oct 2008 12:14:14 -0400
If you really beleive that " C is one of the most prominent and important financial institutions on the street" is right then i would rush out and invest in a hurry!

But if you don't want to lose your a** then only borrow it to sell short!

C's got about as much of a chance of survival as Countrwide as the shake out continues mabey even less!!! ]]> http://seekingalpha.com/article/98840-vic-bill-ackman-on-wachovia?source=feed#comment-275796 275796
" If we don't get Wachovia then there won't be a Christmas at Citi corp"

Then he added that it didn't look good because of the language of article 11 in the bail out bill as stated above.

Think I'll take a chance on some Wachovia and hold for awhile!

Milt]]> Tue, 07 Oct 2008 11:41:54 -0400
" If we don't get Wachovia then there won't be a Christmas at Citi corp"

Then he added that it didn't look good because of the language of article 11 in the bail out bill as stated above.

Think I'll take a chance on some Wachovia and hold for awhile!

Milt]]> http://seekingalpha.com/article/98840-vic-bill-ackman-on-wachovia?source=feed#comment-275720 275720
I said you got to be kidding me!

He said that Citi is preparing a counter offer to be delivered later this week for "ALL" of Wachovia at $17 + a share.

Said his info came from a friend at Citi that is in a position to know and this friend said the reason was basically that without Wachovia or another equal to acquisition Citi was going down the toilet!

What do you think?

PS: Also said that the reason Fed put a hold on was to give both Citi and Wells Fargo time to develop offers!

]]> Tue, 07 Oct 2008 11:02:32 -0400
I said you got to be kidding me!

He said that Citi is preparing a counter offer to be delivered later this week for "ALL" of Wachovia at $17 + a share.

Said his info came from a friend at Citi that is in a position to know and this friend said the reason was basically that without Wachovia or another equal to acquisition Citi was going down the toilet!

What do you think?

PS: Also said that the reason Fed put a hold on was to give both Citi and Wells Fargo time to develop offers!

]]> http://seekingalpha.com/article/98830-the-duplicitous-sheila-bair?source=feed#comment-275538 275538
How can one possible think that giving Citi bank (who is themselves very shaky at best) billions of dollars in our tax money so that they can buy Wachovia is the right way to proceed when Wells is willing to do it for nothing and assume Wachovia's debt load in-house within the framework of the legislation just passed.

Thank god she won't have a job after this year!

Wonder who she's going to be working for?

Citi Bank per chance?

A ticked of TAXPAYER
Milt


If your not part of the solution then your part of the problem!]]> Tue, 07 Oct 2008 08:43:09 -0400
How can one possible think that giving Citi bank (who is themselves very shaky at best) billions of dollars in our tax money so that they can buy Wachovia is the right way to proceed when Wells is willing to do it for nothing and assume Wachovia's debt load in-house within the framework of the legislation just passed.

Thank god she won't have a job after this year!

Wonder who she's going to be working for?

Citi Bank per chance?

A ticked of TAXPAYER
Milt


If your not part of the solution then your part of the problem!]]>