Touchdown: When Do Financial Stocks Hit Zero?
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I don't think it's silly that the DJIA financials could all go to zero. But, yes, I doubt that it occurs in linear fashion. Probably more likely that they are taken over in ones or twos during the next few months
On Jan 27 04:07 PM DVW wrote:
> That's silly. So you're taking lines on a chart and extrapolating > them to zero. I've seen some crazy analysis on this site, and this > is right up there with it.
I agree with the point about Rubin slinking away, with pockets full. But looking at the biographies of Rubin and Vikram Pandit, my guess is that neither of them has the right skill set to lead Citi during this crisis. So someone ought to give Pandit a push, as well.
Touchdown: When Do Financial Stocks Hit Zero? [View article]
On Jan 27 04:07 PM DVW wrote:
> That's silly. So you're taking lines on a chart and extrapolating
> them to zero. I've seen some crazy analysis on this site, and this
> is right up there with it.
Rubin Deserts a Sinking Citi [View article]