Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Qualified Opinion who wrote (80012)	4/18/2008 9:06:29 AM
From: Real Man	Read Replies (2) of 94695

You prepared to pay for it? $5 per gallon this Summer. -ggg- Seems bullish. They shifted the mortgage losses on FHA, the government, and the Fed, and you know how they will pay for it. <G> Yup, mountains of cash everywhere. TORO TORO TORO! Citi posts another loss on soured debt, but Wall Street relieved it's not worse NEW YORK (AP) -- Citigroup Inc. lost $5.1 billion during the first quarter and will eliminate about 9,000 more jobs, as poor bets on mortgages and leveraged loans lopped billions of dollars from its investment portfolio.

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