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

To: Sea Otter who wrote (172364)	12/18/2008 2:47:36 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

Wall Street is liberal too, just closer to Washington, DC.

To: Sea Otter who wrote (172364)	12/18/2008 5:34:53 PM
From: bentway	Respond to of 306849

Detroit is asking for .2% of what's been committed to the banksters and insurance folks.

To: Sea Otter who wrote (172364)	12/19/2008 4:43:40 AM
From: butschi2	Respond to of 306849

Citi will be nationalized until its over. Too much debt and derivatives too much losses coming from CRE, LBO and other assets and not fully accounted for MBS, CDO, ... yet (if not shoved of to the FED/Treasury with the 300 billion assistance, but Citi must take the first $29 bio in losses and they will have to take them!) Perhaps they could sustain this with the to date implemented rescue plans, but the wave from the GDP dropping will hit Citi in the back. Citi = Shitty and really dangerous. Lehman was compared to Citi a very small child playing with toy guns. Citi is armed with nuclear weapons. They should forbid Citi the use of derivatives completly or impose a limit on the size of balance sheets. Or better impose more needed capital as percentage for bigger banks, that would be a very effective selflimiting system.