Analyst: "Nationalization" of Citi and BofA Inevitable in '09

Citizens helping out by buying American... www.myamericangoods.com

I love how the Gov't rewards 'BAD stewards of Money' with more Money.

Your most articulate and plausible guest to date.. seems to understand the complexity of the issues and explains them clearly... please keep him coming back...

The government has complained for years that the average person/family spends more that they make. Now this goverenment program is doing just this! The bailout system gives the finanical/banks money for failing in their business! This presents a great picture to the American people, don't worry if you spend more than you make, just the goverenment for a free loan! People do not understand that ASSETS - LIABILITIES = NET WORTH. And if anyone reading does not understand this and has finanical problems, just consider this FREE information!

henry blodget is in no place to be commenting on the markets, and is fear mongering is helping no one

Not without the hugh golden parachutes to executives I bet.

No more bailouts! No more handouts! www.everymanplan.com

I've figured out how to invest in this market long-term. Just think of “long-term” as being 10-20 MINUTES instead of 10-20 years. It WORKS!

We are so screwed. Obama is trying to prop up home owners who are upside down and thinks it will help.

I liked his comment yesterday about being forced to have an "adult conversation". This is sorely missing in Washington right now.. looks more like a schoolyard argument at this point, but the stakes are way too high for that...

That guy don't know. But citi and bac is under water.

Nationalization will never happen

Nationalization / RECEIVERSHIP , call it whatever you want. They prpped us for this by putting many of these failed institutions under the name "Bank of America"

It's difficult to listen to anything that Henry Blodget says after he screwed thousands of Merrill Lynch customers.

Help 9 million mortgages!!! What does that tell you?

Chris Whalen is the best analyst that Tech Ticker has as a regular guest. He gives clear, concise arguments. Right on target about the foreign investors crying foul and it being a political issue as our government gets more involved with the rescue bailouts. No doubt Citi is in trouble, people talked about that before the crash. BofA should be okay, JP Morgan will be okay, but I wish they would talk more about Wells and Wachovia. No one seems to be talking about that deal anymore, probably because no one knows how bad Wachovia really was. BofA is a massive organization which is having trouble with Merrill, Wells not nearly as big when it took Wachovia - I'm surprised more news hasn't come from that acquisition.

The same people who have bankrupted Social Security and Medicare running our banks. Yes, let's put the people who caused the problem in total control of the banks. Stupid is is stupid does.

Yet to understand what it does that will harm the country, but definitely we all do not want to pay any more money for some bankers' bonus. Look what the stock market does to Obama's stimulus plan?! American tax payers, aren't you paying too much tax for what??

Anbody wonder why Blodget who has zero cred due to his post fraud manipulating stocks is constantly bashing BAC and C on the tech ticker? Can you say Hedgefund/Mob connection??

I agree. The economy is fundamentally sound. The recession is only in the minds of Americans, created by treasonous liberal MSM fearmongering conspiracy to talk down America #1 and the greatest economic legacy of greatest ex-war President GWB. (I'm being sarcastic!!!!)