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Citigroup Inc. Message Board

  • botp78 botp78 Feb 18, 2009 4:31 PM Flag

    I dont think the governent will nationalize.

    Pretty much already has. Just letting the banks sell off assets slowly to shore up capital and pay back the government over time. of course who knows. I am long C bought in a few days ago already down 20 %. I like the home owner assistance and moratorium on foreclosures. Those things will be good for bank earnings. Of course commercial loans and credt card defaults are increasing now based on reports from cof and axp.

 
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