"The Greatest Boondoggle in History": Banks Buoyed at Taxpayers' Expense

Just wait until all the secondary offering's are all filled, little Timmy calls off GS and the PPT. Then we will see the double bottom.

Sad but true

bailouts are only getting bigger, right under our noses

buy, buy, buy...............ammo, food, water and precious medals for these will the only true valuable currencies when TSHTF!!!!!!!!!!!!!!!

Instead of giving it to the banks, they could give everyone a one year tax holiday. That would be real economic stimulus.

These bailouts would be better described as the "Biggest Shakedown in World History". And the hits just keep on rolling out of Goldman Sachs' controlled Fed and federal government agencies. When will this looting end?? Why can't anyone stop them? Such a pity. America was such a great country...

I remember reading recently that citi was talking about expanding the preferred conversion offer by ~5B which basically means citi needs 5B above the previous conversion so I am not sure professor really has studied this. Also, his comments about PPIP seem exaggerated. I would say if the professors theory about Citi is in-correct, it is time to start finding more informed people to keep on pushing doom and gloom agenda of tech-ticker.

invest in 2x and 3x financial funds. At least that way you can get some of that money back.

Things will only get worse.....tax cheats in the administration, a bumbling fool as pres., rewarding irresponsibility, punishing responsibility, gov't control over everything, and unprecedented spending to come. As this country's population of wealth envyu do nothings grows the achievers continue to carry the masses and pay for everything. The big B.O. continues to say tax cuts for those that already pay no taxes......if you do not pay taxes and you get money back it is welfare not a tax cut.

I just went to businesswire and re-checked and indeed citi is talking about increasing the public offering which contradicts what the professor was talking about. So he is plain wrong on this one. Just based on that, it seems professor should do more research rather than try to wing it. I doubt if he has studied PPIP plan in more details either..

To Quote: "Yoo ben bamboozled, bruthah!!!"...;'{P~~~

Mission Accomplished!!!!! Bondoggeled by the Illuminutti

So NO ONE will even sit down and talk to you two bozos anymore. You had to post THREE interviews with the same assistant do-nothing who's probably never even visited the big city. Go hibernate, losers.

I guess that is really "CHANGE" you can believe in!!!!!!

Up is Down.

Welcome to Amerika. Chains you can believe in.

The best way to rob a bank is own a bank! IMHO Laughing all the way to the bank!

The funny things is that when the melt down began all of the brilliant experts started screaming "The government's gotta do something!". "Save us!". And now that the dust has cleared somewhat they are reinventing themselves as critics of the governments efforts, whining about "boondoggles', and posing as weary watchers of more government waste. Of course all the time hoping that we have short memories and do not remember that they were the idiots who got us here in the first place and that they squealed like little girls when their house of cards collapsed around their heads.Of course it is easier for them now that the other party is in control and so they can join the bad memory parade on the way to their dummy tax tea parties. So shut up guys, Geitner and Obama are cleaning up your mess.

Screwed, Blued, and Tattooed! BOHICA!!!!

ObamaHood - Rob from the middleclass and give to the rich.