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I am on record from the Vegas and San Diego Traders
Expo...three major banks, at least 2, will go under
this year. One may be non-US...but it's going to be
ugly folks. And then there's the hedge funds...etc.
--- profitok@xxxxxxxxxxxxx wrote:
> 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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