Gilbert A...

Cramer's Stop Trading! Zombie Stocks (11/21/08)

Dear Cramer,

You don't think Citi will be allowed to close business. You are right, they won't be allowed to do so. But they will do it...

Because they are too big to fail, they are also to big to be saved.

AIG is a dwarf compare to Citi.

How much for that bailout please ?????


Gilbert.:

Number of U.S. Homes With Negative Equity Is Stunning

This situation could become very scary.

I think we will see more and more large scale fires like california. It was quite common in the Bronx in the seventies to set building in fire to collect insurances.

My grand parents told me about a house they bought in 1930 for about 250 $ for unpaid taxes, It was built in 1928....and costed 28 000 $.

Where are we going ?

Strong inflation could be only way to get out this mess. But anyway it goes it will be painfull.

Gilbert .:

Number of U.S. Homes With Negative Equity Is Stunning

This situation could become very scary.

I think we will see more and more large scale fires like california. It was quite common in the Bronx in the seventies to set building in fire to collect insurances.

My grand parents told me about a house they bought in 1930 for about 250 $ for unpaid taxes, It was built in 1928....and costed 28 000 $.

Where are we going ?

Strong inflation could be only way to get out this mess. But anyway it goes it will be painfull.

Gilbert .: