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Cramer on BloggingStocks: Buy Citi on the deal
7 hours ago ago from BloggingStocks
From TheStreet.com Network Should Citigroup Rush to Repay TARP? Citigroup Reportedly Prepping Equity Raise TheStreet.com's Jim Cramer says this one'll make you a bundle by 2012. Buy Citigroup ( C ) ( Cramer's Take ). No, not in the open market, but on the deal or deals, depending upon how heavy-handed the government's going to be. I initially recommended this stock in the low $3s and saw it go to $5, where I begged the government ...
Related contentGo George! | S p y g u n
8 hours ago ago from spygun.com
Yesterday, Alistair Darling, the Chancellor sounded like an undertaker reading a suicide note. When he finally sat down, George Osborne leapt to his feet and we all expected some action - if only to help us to ward off any residual thoughts of self-mutilation that we may have been experiencing. Although he had been taking notes throughout the Chancellors monotonic monologue, Prefect George missed the target. His reply to Darling had been ...
Related contentTreasury expects $30 billion loss on auto bailout
10 hours ago ago from Michigan Messenger
The Obama administration expects not to recover about one-third of the more than $80 billion the federal government invested in saving Chrysler and General Motors from going through a liquidation bankruptcy. The Detroit News reports : Gene Sperling, senior counsel to Treasury Secretary Timothy Geithner, confirmed in an interview late today that the administration's forecast is that it will lose $30 billion on its auto investments but ...
Related contentThe pre-budget report: bullies in the playground
22 hours ago ago from Debtonation
9th December, 2009 It has been an extraordinary day this day, and something to witness: this frenzy of pre-election fisticuffs. Extraordinary because Conservatives, like mindless bullies, are fighting a phoney war against the victims of this crisis. The fact is the Tories are spineless scaredy cats, too timid to take on the perpetrators, who have successfully bribed them with various inducements, including the playground's ...
Related contentDoes Barack Deserve a Break?
18 hours ago ago from Gold Speculator
December 09, 2009 11:08 AM - If you read the paper this morning you probably saw something like this: ÂNew Obama Plans: Spend Our Way Out' of Downturn as The Associated Press , the global journalistic standard, put it. Oh how the pendulum swings. As Bill Bonner has said, ÂWe have always had fondness for minstrels, misfits and lost causes. With Mr. ObamaÂs approval rating down to 47% the lowest ever recorded for a presidentÂs first year ...
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