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Strategies & Market Trends : Value Investing
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To: Jurgis Bekepuris who wrote (33295)1/15/2009 1:29:45 PM
From: Madharry   of 78683
 
I own a bunch. I like the CEO and chief shareholder. I guess Ill see what he says. My inclination is to vote no. Looks like C and BAC are just aweful. I just dont understand these bailouts. I think the govt has to walk away and let the market sort this out. I see no reason for the govt and future taxpayers to subsidize incompetent management. I also think we should be looking at clawbacks from senior management who benifitted from a ponzi like scheme that has gone on for years. I wonder how underfunded the citi and bac pension plans are now. I guess some moneycenter banks will fail. new regulator and regulations will ensue. New banks will form like G&S.
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