Citigroup, Bank of America Bondholders May Be Next to Share Bailout Pain

Quote from Martinghoul:

I am told that most of the accepted offers in this first reverse auction were from fast money. IMHO, once these guys take profit on a nice short-term spike they've done so well on, the other investors won't be as happy to fill the BoE's bids.

Aren´t we all spiking for some "fast" money ? :p

I think, there is more to come with regards to quantitative easing. This is just a "teaser"...
 
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