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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (95615)	11/26/2007 4:56:08 PM
From: ChanceIs	Respond to of 306849

Citi to lay off 45K.......Kim screws up....... So will Stephen Kim be amongst the 45K wearing sandwich boards and saying...'Hey buddy, can you spare a dime?' It wouldn't be like......senior management listen to his housing growth projections when deciding to underwrite all that mortgage debt. Would it??? Anybody remember this one??? _______________________________________ 10CC "Wall Street Shuffle" Do the Wall Street shuffle Hear the money rustle Watch the greenbacks tumble Feel the Sterling crumble You need a yen to make a mark If you wanna make money You need the luck to make a buck If you wanna be Getty, Rothschild You've gotta be cool on Wall Street You've gotta be cool on Wall Street When your index is low Dow Jones ain't got time for the bums They wind up on skid row with holes in their pockets They plead with you, buddy can you spare the dime But you ain't got the time Doin' the.... Doin' the.... Oh, Howard Hughes Did your money make you better? Are you waiting for the hour When you can screw me? 'Cos you're big enough To do the Wall Street Shuffle Let your money hustle Bet you'd sell your mother You can buy another Doin' the.... Doin' the.... You buy and sell You wheel and deal But you're living on instinct You get a tip You follow it And you make a big killing On Wall Street

To: ChanceIs who wrote (95615)	11/26/2007 5:25:12 PM
From: saveslivesbyday	Respond to of 306849

"In October, Kim ... shocked the industry when he upgraded builders including Centex, Pulte and Lennar to buy from hold" Let's see, October, November .... hey, that's just 1 month ago he said that! I guess Citi and their best clients are done unloading the shares, and I doubt many are buying. Basically there was a stare-out between the retail shorts and the institutional investors, and guess who won? What poor shmoes are stuck with these HB's in their portfolios still? - it's bound to create some eye-popping losses on somebody's statements ...