Winners and Losers in the Bailout Bonanza [View article]
Citi and B of A will initially benefit from the bailout. Wait until their stocks rise 25%, then sell. JPM has the largest derivatives book in the world. (Care to explain their risks to me? Ask Buffett.) Wachovia, I think not. Short the long Treasury, buy gold.
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Citi and B of A will initially benefit from the bailout. Wait until their stocks rise 25%, then sell. JPM has the largest derivatives book in the world. (Care to explain their risks to me? Ask Buffett.) Wachovia, I think not. Short the long Treasury, buy gold.
Sep 23 13:34 pm
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