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  • Cramer's Stop Trading! Zombie Stocks (11/21/08) [View article]
    They do not actually give them money...they call and say how much do you need. Citi will tell them ...they will say okay and hang up...that is it..a verbal guaranteed....citi will then take that amount of credit and leverage it by 100 times and loan it out.....thus the world keeps turning and churning.
    What do you think money is any ways...nothing but a guranteed by those who prints it.


    On Nov 23 09:40 AM Gilbert A... wrote:

    > 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.:
    Nov 23 12:28 pm |Rating: 0 0
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