The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: NOW who wrote (18906)	3/20/2009 9:27:00 PM
From: Gary Mohilner	2 Recommendations Read Replies (1) of 71454

What happens if the U.S. makes a profit on the bailout. I'd love to see the spreadsheets on what the U.S. paid for all the AIG, BAC, etc stock they own, but based on when the investments were made, they should have already roughly doubled their money in stocks like BAC and Citibank. When does the govt. get to close it's position on these investments. I would think that if things go well in the next several years corporations like Bank of America could come out smelling like a rose, they could easily be trading in double figures in a few years, or less. If the govt got a ten banger out of several of the stocks they invested in, I suspect that all the other money they've paid out could be less than the profits they make in these stocks. As the 80% owner of AIG it's up to them where the stock goes, but if they own it for under $1 and don't permit it to fail, AIG's success can only bring the govt success. My point is, everyone's writing off all the govt spending as though they were getting nothing for their money, it's time to realize they are, and it might pay back huge dividends to all of us taxpayers. Gary

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