InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
85.91
(
-0.69%
)
Bitcoin
55,771.84
(
-0.13%
)
Post# of 148479
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

jdaasoc

Send PM Follow Ignore
Followers 28
Posts 4933
Boards Moderated 0
Alias Born 07/07/2002

jdaasoc

Member Level

Re: ajtj99 post# 127017

Monday, 09/15/2008 10:42:46 PM

Monday, September 15, 2008 10:42:46 PM

Post# of 148479
Mayor Bloomberg who knows well the City he governs stands to lose big time on ratables and income taxes on each and every financial firm that crumbles basically said today "there always be a weakest investment bank, a weakest commercial bank, a weakest S&L; what is to stop the run by short sellers on next week's weakest financial firm".

The collateral write offs from FNM and FRE now WM and AIG with WB KEY SOV and WFC on deck will cause other smaller firms to run the gauntlet of raising capital and single digit stock price.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up