Quote from myoffices:
With BAC they get CFC countrywide. They get an option onthe common. If they invest into these banks and get common they will be the biggest winners overall. They can own the stock under 10 which when it goes to 50 in a few years it increases their pot 5 fold.
Buy with the Govt and you will win. They don't play to lose. 200 billion invested into BAC- 50 Billion into the Autos. At three times their return with a simple 6 to twenty run they make a trillion dollars and guess what we are in profits.
At the end of the day we buy oil at $40 and when it goes back to 150.00 we have enough reserves to sell it on the open markets.
Real Estate will rise again and when it does it will be in the hands of families not flippers. Neighborhoods will be stable again with decent people who you know for years. America is the greatest country in the world and we are proving it everyday.
This is the change that we hoped for.... Just give every American a fighting chance and we will rise. THE BANK of America will be victorius in the end. They got duped by MER but I think when the smoke clears they will be the winners.
Would a Rose by any other name smell as sweet?
Ken Lewis got shafted but if he is the man I believe he is then he can turn it away. He needs to let the MER executives who want to leave go and hire some young HArvard, Yale MBAs to run the new economy bank. Its time for old minds to unite with young bodies.
BAC 4-8 trading range could be possible. Its the greatest trading market in history... Only for the ELITE....LOL...
