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I doubt he's buying any; not with Citi crying for a reinstatement of the short selling ban, and with some massive toxic write downs on deck for Q4.

Just announced on Bloomberg. Good thinking, Citi, as that worked so well before. :rolleyes:

You're not nationalizing the Big 3 by giving them a 25 billion dollar loan facility. This isn't the 'great bank buy in of 2008,' where the Treasury Department still hasn't disclosed where 2 Trillion (so far) of taxpayer money has gone, or what they plan on doing with the 2nd half of the 700...

Many in Alabama suspect that the amount of tax benefits given to Hyundai to build their plant their won't be recouped for more than 22 years, and that the plant VW is building in Chattanooga, TN will create a tax gap (because of tax breaks) that won't be able to be filled for more than 27 years...

Trimtabs. That was your clue. Wait until Q4 redemptions are finished before you even begin to contemplate an end to the downside, even without considering fundamentals.

Bi-partisan bill to aid Big 3. Fade it.

http://jeffmatthewsisnotmakingthisup.blogspot.com/2008/11/is-buffett-worried-no-but-somebody-is.html Thursday, November 20, 2008 Is Buffett Worried? No, but Somebody Is Warren Buffett professes never to worry about a position, even if it’s down 50%. Since he never strays outside his...

As Dave Matthews would ask, 'where are you going?' GE isn't beleaguered with toxic paper, is it?

I don't know where you guys get these arbitrary numbers, or why you feel compelled to post them. All I feel confident of is the direction, and that's good enough for me if I have skin in the game and get it right. There are so many people who obsess over specific numbers to the detriment...

I never said don't crush the unions; I simply said save the Big Three. it's nothing less than a matter of national security that we save and then help our manufacturing base to become world class. All the nations of the world are gunning for our aircraft industry next. We all need to...

Jobs, jobs, jobs. You think things are bad now? Let the domestic auto industry go down and we'll be in the worst main street economic crisis since 1930, my friend.

Citi looks to be toast w/out an express government backstop.

Governments that were heavily subsidizing fuel consumption, including India and especially China, won't have that luxury if this global route continues. Strip away those subsidies, and then you get a peek at just what the true demand for gasoline and diesel really is. It's not anywhere near...

Werd. :) p.s. - I am truly curious to see what Citi's earnings are going to look like. It will be interesting...

...must..........resist...........insults

2,000 new lows made today. Lowest close since Iraq invasion in March of 2003. And I've had to listen to stock_turder's shit all the way down.

...so I can access TARP funds. C'mon Hank, give me some sugar. Move it to Chit Chat, mods. :D

“It is better to remain silent and be possibly thought a fool than to speak out and remove all doubt."

Right. I understand what you're saying. The close today will be interesting. That was the implication of the article as I read it, but maybe I'm wrong.

Did it close there? I was trusting the Bloomberg article posted today (above): "U.S. stocks fell, sending the Standard & Poor's 500 Index below its lowest close since 2003, as the biggest decrease in consumer prices and the fewest housing starts on record signaled the recession is deepening. "