Off Topic: The Financial Crisis and the Big banks

Posted March 21st, 2008 by soule

There are lot of rumors this week about three financial institutions that investors are scared of causing a havoc in the financial markets after Bear sterns: HBOS, Lehman bro and Citigroup!
Do you have any useful information concerning these banks?

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Buy

On March 21st, 2008 onevoiceofreason says:

Buy these big banks now while they are dirt cheap, they all will recover nicely..Don't wait until they gain 30% before jumping in..Most pay a decent dividend also

onevoiceoftreason does!

On March 21st, 2008 NeoConned says:

onevoiceoftreason does! Invest in Citigroup stock! LOL!!!

Symbol is C

On March 21st, 2008 onevoiceofreason says:

http://www.cnbc.com/id/15...

I mean Goldmen Sacks....

On March 21st, 2008 cspanjunkie says:

Sounds like an Enron flashback in the makings. Two CEO's sold their stocks yesterday

UP

On March 21st, 2008 onevoiceofreason says:

UP $4 from the $18 I bought it for in one week..cutting costs like smart companies do...still paying dividends, wise also.....should produce 40% in six months.....hopefully though the will split part of it so the possible profits will be right off the chart....Symbol is C, don't wait sonny !!

There's a good chance

On March 21st, 2008 Kemp says:

Citigroup will go bust.

Nope

On March 21st, 2008 onevoiceofreason says:

never happen, too many assets..has value as an entity in itself, has value if it sells off divisions to form several companies, has value as a take over target...and at $18 I paid it's too good not to take a chance...there is a possibility any company could go bust for a million different reasons...buy while they are low !!!