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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (447731)1/15/2009 4:14:08 PM
From: tejek1 Recommendation  Read Replies (1) | Respond to of 1576310
 
Following up on my thesis that banks are stupid....did you hear that BAC is saying that it needs more TARP money. This is after it took its first share of TARP, which at the times, it claimed it didn't need, and invested it in China. Now its saying it needs more TARP money to complete the Merrill Lynch deal. Stupid assholes!



To: Road Walker who wrote (447731)1/15/2009 4:19:01 PM
From: steve harris  Read Replies (1) | Respond to of 1576310
 
Great job Rubin....



To: Road Walker who wrote (447731)2/27/2009 11:11:13 PM
From: i-node1 Recommendation  Read Replies (1) | Respond to of 1576310
 
It's current market cap is less than the funds it got from the government.

My god. You don't understand the basics. I thought you were once a broker or a trader or something.

Do you not understand there is no relationship between market cap (an external valuation of the company) and an injection of cash by the government or anyone else?

Duh.