03-28-2009, 12:01 PM
That is interesting. 1 Question I have is why o why would these idiots do this? The "toxic assets is what got them into the problem, and now they are (and being allowed) to jump back into the toxic tank?
They have learned nothing, and there is still no regulation preventing a repeat of the greed driven activity.
Having said that, I would agree that Citi and other banks that are jumping into this might very well see a huge jump. Might be worth jumping in, but oh man, it isnt a long position. Get in, Set a target, and get out.
I might play some pvp money but not real people money. What if the governments plan doesn't go forward? Remember we have a schizo congress right now.
They have learned nothing, and there is still no regulation preventing a repeat of the greed driven activity.
Having said that, I would agree that Citi and other banks that are jumping into this might very well see a huge jump. Might be worth jumping in, but oh man, it isnt a long position. Get in, Set a target, and get out.
I might play some pvp money but not real people money. What if the governments plan doesn't go forward? Remember we have a schizo congress right now.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
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"If you want to change the world, be that change."
--Gandhi