Ask DrBob Message Board - Msg: 25189390

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask DrBob

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kidl who wrote (99466)	11/19/2008 4:37:27 PM
From: shadows	of 100058

The plural is failures-which come after the expensive bailouts! Goldie closed at $55-near its 1995 IPO offering price.Small wonder Paulson has fought so hard for the taxpayer to rescue Wall Street! Citi closed at 6 bucks and small change. All credit spreads are blowing out-again. And still no-one wants to open that can of worms called Derivatives,which is the heart of the problem and is measured in trillions!Thats why Citi is $6,and JPMorgan fell 10% today,the latters Deriv,Book alone is around $100trln.Lets say 30% of that book is worth 15cents in the $--------------!!!!Gives you an idea why all the SnP financials collapsed today,perhaps?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next