LostJedi

Citigroup: Too Big to Manage

You should change your title to "Citi: Too Big to Save"

My Personal S&P Target - 950

Hmmm. I am not sure if you are stating that you believe in 950 or that you are just hopeful, because the last paragraph says you "hope". There are so many systemic risks out there -- from potential defaults in credit card, housing loan, student loan, etc., the looming Eastern European crisis, or the commercial real estate crisis, to the accelerating downturn in unemployment, manufacturing activity, import/export trade activity, etc -- it seems very hard for S&P to hit 950 in the short-term.

The only reason S&P would run up to 950 in the short-term would be if the regulators took away the mark-to-market rules. Even then, it would be a short-term fix.

Only time will tell. We'll see... and look back in 20/20 hindsight.

Sources say Goldman Sachs (GS) plans to repay its $10B TARP loan within the month - far quicker than its previous target of year-end. So why the rush? Executives say top brass was freaked out by populist rage over AIG's (AIG) bonuses last week.

So, if they did not need the money, why were they given the money to begin with? Who stands to gain? Was there any leakage? Who's checking?

Don't Be Fooled by the Dead Cat Bounce

Agree with the writer.. But ... If Geithner announces a great toxic asset plan for banks this coming week, would that not help add some extra legs to the current 'dead cat bounce' ?

Dramatic Changes in the U.S Dollar / Gold Relationship

ok, the moon goes round the earth and we go round the sun.

what does that mean?

Eight Reasons Bank of America Is Going to $20

Here's one reason why it won't ..

Have you ever thought why all the money is being poured into BAC or AIG or C? Is it to really give out loans/credit ? There are not many people/companies with good credit standing left.

Do you think the money is more likely used to prevent defaults, which will immediately slam down their credit rating, which will trigger a sell-off, which will trigger the collapse of the entire industry? Is that the real reason for the funds injection / bailout ?

The Next 100 Years: A Forecast for the 21st Century by George Friedman

Predicting something so far in the future that none of us will still be alive is hogwash. On the other hand, people like Celente are probably more credible by predicting nearer-term events, even if not all of them materialize.

Don't Bet on China Recovering from Recession Anytime Soon

Your biased comment of "Despite that it was most likely true" destroyed the credibility of what would have been a good article.

It's Not a Recession, It's Reality

How much did A-Rod get paid to play?

Obama Begins Jawboning Campaign with Chinese President Hu

This article left a bad after-taste. Find out how much of that trade is done by American companies that decided to outsource to dirt-cheap Chinese labor. Find out how much of that trade is contributed by the American enterprise. This 'monster' was created by us, not by the Chinese.