Who will Paulson pick to buy Citibank

[Hugh Conway]

C = $3.81 at the current time and falling fast.

 

Who will King Henry dub the proper owner? Goldman? JPMorgan? B of A is already too large. Ahh, crony capitalism

[prole]

Saudis.

[prole]

...or the United States Of America Corporation.

[tomtom]

Buy a toaster, get a FREE BANK!

 

[Hugh Conway]

and the answer is YOU! THE AMERICAN TAXPAYER!

 

spin this anti-Detroit bailout shills: a bank failing because of it's own dumbass decisions is bailed out at a premium - $10 warrant, $4 share price by the American taxpayer.

 

Here we are, picking winners and losers

[olyclimber]

[video:youtube]xDBDu0DgTLA

 

take some retards to the zoo

[pc313]

I thought you Played guitar and joined a band to get the chics,not to be fag humped by a bunch of loosers who cant get a date and just had their first beer,or maybe the gig is at Hamburger Marys and the crowd is gay?

 

Hell i must be getting to old,and don't understand young people any more!

Edited November 24, 2008 by pc313

[mkporwit]

and the answer is YOU! THE AMERICAN TAXPAYER!

 

spin this anti-Detroit bailout shills: a bank failing because of it's own dumbass decisions is bailed out at a premium - $10 warrant, $4 share price by the American taxpayer.

 

Here we are, picking winners and losers

 

There's nothing to spin here, Hugh. I'm against this bailout as well. I wrote my congressman, my senators, and both presidential candidates when the TARP was initially considered. I got canned replies about how the first variant was bad, but the one full of pork a week later was the best bill they could come up with... Anyone who voted for the TARP did not get my vote (and my senators won't get my vote the next time they're up for reelection). That's about all I can do.

 

Whatever your preferred solution to this entire mess is, I hope you're doing something similar.

 

P.S. The idea of bailing out Detroit still sucks donkey dick...

[glassgowkiss]

and the answer is YOU! THE AMERICAN TAXPAYER!

 

spin this anti-Detroit bailout shills: a bank failing because of it's own dumbass decisions is bailed out at a premium - $10 warrant, $4 share price by the American taxpayer.

 

Here we are, picking winners and losers

 

There's nothing to spin here, Hugh. I'm against this bailout as well. I wrote my congressman, my senators, and both presidential candidates when the TARP was initially considered. I got canned replies about how the first variant was bad, but the one full of pork a week later was the best bill they could come up with... Anyone who voted for the TARP did not get my vote (and my senators won't get my vote the next time they're up for reelection). That's about all I can do.

 

Whatever your preferred solution to this entire mess is, I hope you're doing something similar.

 

P.S. The idea of bailing out Detroit still sucks donkey dick...

the only thing is that this is about 4 years too late...

[Peter_Puget]

Somali Pirates in Discussions to Acquire Citigroup

 

By Andreas Hippin

November 20 (Bloomberg) -- The Somali pirates, renegade Somalis known for hijacking ships for ransom in the Gulf of Aden, are negotiating a purchase of Citigroup.

 

The pirates would buy Citigroup with new debt and their existing cash stockpiles, earned most recently from hijacking numerous ships, including most recently a $200 million Saudi Arabian oil tanker. The Somali pirates are offering up to $0.10 per share for Citigroup, pirate spokesman Sugule Ali said earlier today. The negotiations have entered the final stage, Ali said.

 

"You may not like our price, but we are not in the business of paying for things. Be happy we are in the mood to

offer the shareholders anything," said Ali.

 

The pirates will finance part of the purchase by selling new Pirate Ransom Backed Securities. The PRBS's are backed by the cash flows from future ransom payments from hijackings in the Gulf of Aden. Moody's and S&P have already issued their top investment grade ratings for the PRBS's.

 

Head pirate, Ubu Kalid Shandu, said: "We need a bank so that we have a place to keep all of our ransom money. Thankfully, the dislocations in the capital markets has allowed us to purchase Citigroup

at an attractive valuation and to take advantage of TARP capital to grow the business even faster."

 

Shandu added, "We don't call ourselves pirates. We are coastguards and this will just allow us to guard our coasts better."

 

[Doug]

changing out one set of pirates with another.

 

MODS! Move this to the Pirates Only Forum!

[minx]

hey would you fellow taxpayers mind if my mortgage loan went missing during this whole fiasco? if i could skip paying citi each month, then i could spend more on stuff and thus revive the economy.

[pc313]

and the answer is YOU! THE AMERICAN TAXPAYER!

 

spin this anti-Detroit bailout shills: a bank failing because of it's own dumbass decisions is bailed out at a premium - $10 warrant, $4 share price by the American taxpayer.

 

Here we are, picking winners and losers

 

There's nothing to spin here, Hugh. I'm against this bailout as well. I wrote my congressman, my senators, and both presidential candidates when the TARP was initially considered. I got canned replies about how the first variant was bad, but the one full of pork a week later was the best bill they could come up with... Anyone who voted for the TARP did not get my vote (and my senators won't get my vote the next time they're up for reelection). That's about all I can do.

 

Whatever your preferred solution to this entire mess is, I hope you're doing something similar.

 

P.S. The idea of bailing out Detroit still sucks donkey dick...

the only thing is that this is about 4 years too late...

[tvashtarkatena]

changing out one set of pirates with another.

 

MODS! Move this to the Pirates Only Forum!

 

ARRRR! We've scored a supertanker! See how she tanks, lads!

[billcoe]

TARP = MUST be an acronyn for:

 

Taxpayer

Ass

Raping

Program