Bob Brinker: Market Savant & Radio Host Message Board

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 : Bob Brinker: Market Savant & Radio Host

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Boca_PETE who wrote (40763)	11/24/2008 9:34:58 AM
From: gronieel	4 Recommendations Read Replies (1) of 42834

"...Funny we didn't hear his warnings about the approaching credit disaster and its Global economic implications during the last 15 years of Moneytalk. I guess it was because his work doesn't cover this area..." Well Pete it's not that easy to spot these disasters on the horizon. Kirk says he and Warren Buffett both saw it coming but he just didn't realize how stupid the management of Citigroup actually was and THAT'S the ONLY reason that Kirk didn't take more aggressive action. "...Well, like many of us who saw "problems on the horizon" and took some action, we were unable to avoid the mess and grossly under estimated the intelligence of the people running Citibank in my case and Wells Fargo in Buffet's case..." Well Citi's management ain't so stupid that they can't see a good government bailout when they see one. Do you think Kirk will be taking "massive profits" on that Citi stock/bond equivalent today?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next