ALERT: Gov is going to buy **all** of Countrywide BAD mortages !
My post on citi board and responses fyi: Gov is going to buy **all** of Countrywide BAD mortages ! and Citi JPM AIG WM WB etc all of them ! can you imagine this ? Taxpayer to bail out wall st crooks ! this is why I grudgingly bought bac this am may as well make $ out of this bailout. BAC Lewis must have known about this plan so he bought cfc I guess he is smarter than people think.. Re: Gov is going to buy **all** of Countrywide BAD mortages ! 17 minutes ago well, there will be a lot more to buy. people have absolutly no idea how big this baby is..... josep63623
Re: Gov is going to buy **all** of Countrywide BAD mortages ! Thats why I also have gold and silver the 25 billion is a joke more like 1 trillion gold pullback is perfect buying opportunity check out cef (gold & silver) and hl it will take about 6 months to realize that the balck hole never ends but the gov has now commited to do it opening the door to unlimited bailout... gold and silver will be very good along with the banks an unusual combination ! And weak data on jobs & housing is going to stop fed hike thretening I am convinced they will be lowering not raising rates the talk of hikes to ctop commodity prices from rising but soon it will be apparent it's just talk as economy deterirates further chipolte grill and cheezecake factory tanng no way will tehy rais rates now !