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Non-Tech : Banks--- Betting on the recovery -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (13)2/22/2009 5:05:53 PM
From: tejek  Read Replies (1) | Respond to of 1428
 
I think Lewis is a strong CEO.



To: Road Walker who wrote (13)2/22/2009 5:21:32 PM
From: tejek  Read Replies (1) | Respond to of 1428
 
“All he has to do is come out and say there is no nationalization.”

I thought they pretty much did:

"Bank shares fell sharply, with Citigroup plunging 22 percent to below the $2 fee of a typical automated teller machine, or ATM, and Bank of America trading around the $4 level.

White House spokesman Robert Gibbs said on Friday, "This administration continues to strongly believe that a privately held banking system is the correct way to go."

That was quickly echoed by a statement from the U.S. Treasury."


uk.reuters.com