Tsafi

[popeyej]

I said several months ago that CITI Bank and J P Morgan Chase would also be among the institutions to go under. Now we only need to wait for the J P Morgan Chase bailout. I don't see how the government can let these two banks go bankrupt. The only thing that is keeping J P Morgan Chase going is their very large cash flow. I do not play the shorting game but for those of you that do I hope that you took advantage of this banking debacle.

The one that I recall the most was Lehman Brothers. A friend in Olympia had thousands of dollars in Lehman stock when I told her about their condition. She pulled eveything out one week before the over the cliff drop. Lehman was trading at over $66.00 and is now on the pink sheets at .04. All of the nations largest banks had similar drops in share price.