Replies to post #119277 on ajtj99's Market Pulse

[ajtj99]

Yeah, our government has basically agreed to bail out anyone and everyone if they get in trouble. The Chinese are becoming more capitalistic, and we're getting more socialistic.

China took a bunch of banks public last year. We're nationalizing our banks and brokerages.

The bizarro world at work.

[porter]

Forget "acute."
It is the "chronic" that will kill you if masked.

[JLSegal]

Credit crisis to extend into 2009
http://www.reuters.com/article/marketsNews/idESBNG8623720080520?rpc=44

"Current Prior Current Prior
Bank of America $0.72 $0.91 $2.50 $3 Perform
Citigroup $0.21 $0.20 -$0.58 -$0.45 Underperform
JPMorgan Chase $0.41 $0.72 $1.95 $2.85 Perform
Wachovia $0.63 $0.62 $1.55 $1.70"

I wonder why the market is giving C such a large premium compared to the others.