> I too am not buying into to it long term...its strictly a day trade.....so > the Banks are AOK now..except Sheila Blair said some are not...BUT > of course she would not say which ones..so much for the new transparency...its > the bankers(seekingalpha.com/symbo...) making the American > public feel like all is good....so they can get onto baseball or > something while they fleece the rest of the TARP monies away....GS > will be a big buy of these so called "Bad Assets"..and yes the government > will cover 95% of them...so GS will squeeze out a 40% profit them > dump them back to the US to cover....and down we go again....but > hey its only Monday and only another trillion...probably 3 more by > Friday....
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ABSOLUTELY correct.
Mar 23 21:49 pm
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All Comments by EMS »I'm Skeptical About This Rally [View article]
On Mar 23 06:54 PM youngman442002 wrote:
> I too am not buying into to it long term...its strictly a day trade.....so
> the Banks are AOK now..except Sheila Blair said some are not...BUT
> of course she would not say which ones..so much for the new transparency...its
> the bankers(seekingalpha.com/symbo...) making the American
> public feel like all is good....so they can get onto baseball or
> something while they fleece the rest of the TARP monies away....GS
> will be a big buy of these so called "Bad Assets"..and yes the government
> will cover 95% of them...so GS will squeeze out a 40% profit them
> dump them back to the US to cover....and down we go again....but
> hey its only Monday and only another trillion...probably 3 more by
> Friday....