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CitiBank in freefall in pre-trades

Discussion in 'Political Zone' started by ThaBigP, Feb 27, 2009.

  1. ThaBigP

    ThaBigP New Member

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    Down almost 50% as of 7:30am central.

    Remember, we're on the hook for these banks. As they collapse, prosmised trillions in guarantees turn into spent trillions in guarantees.

    http://finance.yahoo.com/q?s=c

    Every single man, woman, and child who lives in the US should be on their knees in prayer to whatever God you believe in that these banks don't start collapsing, forcing the gov't to make good on several MORE trillion dollars' worth of pledged guarantees against default.
  2. ThaBigP

    ThaBigP New Member

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  3. JBond

    JBond Well-Known Member

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    $2 trillion here, $8 trillion there. Does it even matter at this point? We are screwed. I don't think most people realize how screwed we really are.

    Obama has made every wrong move possible. He is stuck on stupid. Why people voted a community activist with socialist training, I'll never understand. When he started to bash the Constitution and especially the Bill of rights I knew we were in serious trouble. It is never a good idea to elect a man who hates the documents that were used to found our country.
  4. BrAinPaiNt

    BrAinPaiNt Brotherhood of the Beard Staff Member

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    RAGE

    RAGE


    RAGE against the dying of the light.

    Give him Hell.

    Go Jbond Go Jbond, It's your Birthday, Go Jbond.
  5. JBond

    JBond Well-Known Member

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    It's more disgust than rage.
  6. BrAinPaiNt

    BrAinPaiNt Brotherhood of the Beard Staff Member

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    That will work...disgust or rage.

    Heck I give you a hard time and joke about it, but I had the same feelings with bush. So go ahead and rage.:cool:
  7. JBond

    JBond Well-Known Member

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    Believe it or not, you and I probably share similar feelings about many things Bush did.
  8. iceberg

    iceberg detoxed Zone Supporter

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    BEEEEEP - posting foul. you already used the dying of the light this week on me. : )
  9. BrAinPaiNt

    BrAinPaiNt Brotherhood of the Beard Staff Member

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    Rage Rage RAGE against being fouled for multiple uses.:p:
  10. DFWJC

    DFWJC Well-Known Member Zone Supporter

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    The shares are down so much further today because it was decided that the government is going to take a 36% stake in them. That is almost always bad for investors (as government run anything is less efficient) but does mean the company is less likely to completely fail.

    Its 10 am 2/27/09 and the stock is down .77 to $1.69. If it drops to under $1, I'll pick up 15000 shares. So check in later.
  11. iceberg

    iceberg detoxed Zone Supporter

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    after further review...we still found rage.

    rage never goes out of style.

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