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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (45379)1/16/2009 6:48:30 PM
From: SG2 Recommendations  Read Replies (1) | Respond to of 217869
 
Don't expect an Iraqi George Washington soon. A few months of sub-par car bombings does not a democracy make.

We can't win in Afghanistan; they've beaten empires before.

SG



To: Haim R. Branisteanu who wrote (45379)1/18/2009 12:55:32 PM
From: elmatador  Read Replies (1) | Respond to of 217869
 
This wayo using the subprime to extort money from the US government is a master stroke. Everyone and his uncle is putting the money in the pot!
It is a free for all gentlemen! Any toxic asset is being swept under the ‘subprime carpet’.

Let me tell how this was done with us before. I arrive Halifax N.. Scotia to cross Canada with a Canadian young lady I met in Nigeria. I bought the paper and got a coffee while she did her stuff.
There it was in the paper: the Bank of Nova Scotia saing profits down because of the debt crisis in Brazil. “Damn” I said. This is just brillant!” use the debt story to get the clueless Canadian public to believe the banks were in trouble because of the debt crisis. And this happening while Brazil was exporting capital con gusto!

See case of Citibank, today: “Citibank has been profitable in Brazil, and said that its Brazilian operation has “strategic importance” for the company. Analysts do not discount the fact that Citi will have to sell its Brazilian operation, one of the few that has interested buyers at this time. Bradesco (BBD) is especially interested in the adquistion, after losing its leading position in rankings after the merger of Unibanco and Itaú.”

Only the toxic assets will go. The chicken putting the golden eggs stay... You can just picture how those Arabs have been screwed who put money in the Citibank have beens crewed.

Citibank Says It Won't Sell 'Strategic' Brazil Operations, Suspicion Ensues

seekingalpha.com