Off-Topic: Citi Stockholders
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Name:   GoneFishin The author of this post is registered as a member - Email Member
Subject:   Citi Stockholders
Date:   11/24/2008 2:25:15 PM

"Rushing to rescue Citigroup, the government agreed to shoulder hundreds of billions of dollars in possible losses at the stricken bank and to plow a fresh $20 billion into the company.

Citigroup shares themselves climbed 61.3 percent to $6.08 in morning trading."

Just last week, Paulson said the administration had decided that the original focus of the bailout program - the purchase of distressed mortgage-backed securities and other troubled assets on the books of banks - would not be employed. Now suddenly, to Restribute the Wealth to Republicans, he and Bush decide to bail out CitiBank. The RIGHT calls it prudent and Progressives call it what it is. In 6th grade I learned we have a government FOR THE PEOPLE not FOR REPUBLICANS only.

I sure hope Waterman's Stock Advisor advised him to dollar average his Citi stock when it was under $4.00. Hate to see Waterman have to get a second job and work the night shift at 7-11. We would really miss his valuable insight into the economy.
Other messages in this thread:View Entire Thread
Will Everyone who Needs - Talullahhound - 11/24/2008 9:14:28 AM
     Will Everyone who Needs - Freshwater Bay Girl - 11/24/2008 9:27:55 AM
     Will Everyone who Needs - water_watcher - 11/24/2008 9:29:08 AM
          Citi Stockholders - GoneFishin - 11/24/2008 11:06:43 AM
               Wrong again - MartiniMan - 11/24/2008 12:51:37 PM
               Citi Stockholders - AUCATZ - 11/24/2008 1:32:22 PM
                    Citi Stockholders - GoneFishin - 11/24/2008 2:25:15 PM
                         Citi Stockholders - AUCATZ - 11/24/2008 2:35:07 PM
                              Citi Stockholders - water_watcher - 11/24/2008 4:28:34 PM
                         Paulsen is a Democrat - MartiniMan - 11/24/2008 2:53:10 PM
                              Paulsen is a Democrat - GoneFishin - 11/24/2008 4:07:13 PM
                                   You're Right - MartiniMan - 11/25/2008 2:41:18 PM
                              Paulsen is a Democrat - water_watcher - 11/24/2008 4:34:28 PM
          Will Everyone who Needs - Freshwater Bay Girl - 11/24/2008 7:02:40 PM
               Will Everyone who Needs - Mack - 11/24/2008 7:31:15 PM
                    Will Everyone who Needs - Talullahhound - 11/24/2008 10:08:28 PM



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