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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (93984)5/3/2008 6:54:14 AM
From: Think4Yourself  Read Replies (1) | Respond to of 110194
 
What makes you think we haven't written our Congressmen? I have written twice in the past two weeks alone.

I am so disgusted with what is happening that I am becoming politically active myself. Unfortunately there is virtually no difference between the challengers and the incumbents in many races, or between the parties, when it comes to common sense. They are pretty much all clowns who will say/do anything to get elected.



To: Haim R. Branisteanu who wrote (93984)5/3/2008 8:30:49 AM
From: carranza2  Read Replies (1) | Respond to of 110194
 
Pretty much how I feel the thieves should be treated.



To: Haim R. Branisteanu who wrote (93984)5/3/2008 12:27:15 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 110194
 
This one's especially juicy -g-

Citigroup Evaluates Options for Old Lane Fund After Investors Pull Money
By Trista Kelley

May 3 (Bloomberg) -- Citigroup Inc., the biggest U.S. bank by assets, said virtually all investors in its Old Lane hedge fund will withdraw their money.

The investors will be allowed to exit the fund as of July 31, the New York-based bank said in a regulatory filing to the Securities and Exchange Commission yesterday. The Wall Street Journal reported today that the clients will pull about $3 billion from Old Lane, citing unidentified people familiar with the fund.

``In April 2008, substantially all unaffiliated investors had notified Old Lane of their intention to redeem their investments,'' Citigroup said. The bank is ``evaluating alternatives for the restructuring of Old Lane.''

Citigroup agreed in April 2007 to pay about $800 million for Old Lane, whose co-founder Vikram Pandit became Citigroup's chief executive officer in December. Citigroup's alternative- investments unit posted a loss in the first quarter, taking a $202 million pretax writedown on Old Lane, the bank said last month.



To: Haim R. Branisteanu who wrote (93984)5/4/2008 5:36:58 PM
From: NOW  Read Replies (2) | Respond to of 110194
 
would you be so good as to share your letter to your representative so i can see the general form of that letter. also, please let me know when the IRS pays you a call...