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Hello Tim
this is why citi is going to $5
(eventually)
the big push down will happen when next time they need infution of cash
at that time they will have to pay with at least 10% eqity stake
but,, the other term of the deal will be to stop div payment
Ben
----- Original Message ----- From: Timothy Morge Date: Friday, February 1, 2008 11:43 am Subject: Re: [RT] FED in panic mode? To: realtraders@xxxxxxxxxxxxxxx
> Just ask the Japanese Government what it feels like > when you try everything...run out of bullets...and > nothing works. > > Only taking the punishment will fix this problem. The > sooner they bite the bullet, the quicker it will end > and then healing can begin. > > This window dressing prolongs the inevitable and in > the end, makes it all worse. > > One man's opinion. > > Tim Morge > > www.marketgeometry.com > --- Deosaran Bisnath wrote: > > > Friday, February 1, 2008, 7:00 AM PST > > WASHINGTON (AP) The Federal Reserve says it > > will provide $60 billion in fresh cash to commercial > > banks in two auctions in February and will keep > > holding auctions every other week for as long as > > needed. > > It must be really bad for the FED to be throwing > > almost everything. What if all the FED's ammo is not > > good enough? > > > > Two rallies today - YAHOO takeover rally and FED > > $60 billion rally - have fizzled out, one hour into > > the trading day. > > . > > > > > > --------------------------------- > > Never miss a thing. Make Yahoo your homepage. > >
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