Citigroup seeks "emergency cash" from U.S. Treasury

Quote from nyxtrader:

YES!!! Maybe the feds should call on Jack Bauer to fix this mess.

I had to tell the wife she can't speak during the next two hours of her life. LOL
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I have placed my family in a gitmo styled cell today.....12:00 Vikings game, 17:00 "C" news and futures start....then JACK is BACK at 19:00!

I will let them out later after "24" is done!!! :eek: :cool:
 
Quote from nyxtrader:

YES!!! Maybe the feds should call on Jack Bauer to fix this mess.
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NO...the citizens should get him to go "BAUER" on the central bankstas!!! :cool:
 
Quote from AMT4SWA:

I have placed my family in a gitmo styled cell today.....12:00 Vikings game, 17:00 "C" news and futures start....then JACK is BACK at 19:00!

I will let them out later after "24" is done!!! :eek: :cool:
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I kindly expressed to the wife that 24 is really one of the only shows I'm committed to and that if by some reason she is the cause of why I would miss this very important 2 hours...this is ground for divorce! LMAO
 
Quote from nyxtrader:

I kindly expressed to the wife that 24 is really one of the only shows I'm committed to and that if by some reason she is the cause of why I would miss this very important 2 hours...this is ground for divorce! LMAO
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Anything else would be, "UNCIVILIZED!" :D
 
Quote from AMT4SWA:

Perfect situation for some scalping action with the possibility of a run....selling ES tonight since the open with every move to a new high over the 802's (Friday's EOD high area)....will watch and take trades all night long until I get a decent core SHORT position built up or the C news finalizes with a positive reaction.

BTW, I will be watching the 789 area break as some confirmation of any negative reaction to news tonight in the AH session.


All while getting to watch "24" again TONIGHT......ahhh, this is the LIFE! :cool:
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So far ES +10 point targets hit all while watching Jack!....such bliss!!! :D :cool:
 
That number seems far too small. Especially for the amount of rumoring and chatting going on this weekend. Current best guess is Citi management rejected Paulson's terms and this is a very temporary stopgap until either Citi gets even more desperate or Paulson or Congress blinks.

Or quite possibly this is the outgoing administration flipping Citi the bird and leaving the mess to the incoming administration.
 
Quote from bond tr4der:



WTF? ahahahahahahahahahahaha!

How could they get cold feet on a deal they only crafted minutes ago. [/B]
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I'm really at a loss for words on this.
When I first read that Citi would be getting something like the original TARP deal, well that made sense..
The government needs to take the other side of the toxic trade and hold the position because no one else can.
Taking more equity positions straight out is simply giving liquidity to people who want to get out.
They either start doing the original TARP plan now or later.
 
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