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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (16595)	1/23/2009 4:45:29 PM
From: LTK007	1 Recommendation Read Replies (4) \| Respond to of 71447

FWIW: My broker just advised he had a one hour in house conference call today that was to all RBC brokerage offices. It was headed by the Chief Economist/Strategist at RBC. The call my broker said was like hearing a description of Armaggeddon. Power Points: The U.S. Banking System is close to collapse. BAC and C are going to go to ZERO. Anytime their will be a call from President Obama for what is called "Scram Down Legislation" for the immediate Nationalization of these major banks. The fellow speaking, a George Cassidy said EVEN holders of Preferred Stock will be wiped out. Mr.Cassidy felt this blockbuster "Scram-Down" Legislation is coming, and damned soon. Max