Poll

What is the most likely event 90 days from now (multiple choice) ?

Citi is nationalized
5 (38.5%)
BofA is nationalized
2 (15.4%)
Citi files for bankruptcy
1 (7.7%)
Wells-Fargo rescued by Berkshire or other private investors
1 (7.7%)
Citi survives
1 (7.7%)
Goldman-Sachs swallows Morgan-Stanely
2 (15.4%)
no adverse change
1 (7.7%)
other
0 (0%)

Total Members Voted: 0

Voting closed: March 01, 2009, 02:40:28 PM

« previous next »
Pages: [1]   Go Down

Author Topic: Nationalization or Bankruptcy poll  (Read 545 times)

0 Members and 1 Guest are viewing this topic.

Offline Zelhar

  • Honorable Winged Member
  • Gold Star JTF Member
  • *
  • Posts: 10687
Nationalization or Bankruptcy poll
« on: February 22, 2009, 02:40:28 PM »
What say you folk ?

I think that if Citi files for bankruptcy, the panic would bring down a bunch of other titans whom the government will then nationalize.  But I guess I chose option 5 cause I think Citi can still burn through extra 30-40bil$ before it must die.
Logged

Offline P J C

  • Master JTFer
  • ******
  • Posts: 2378
  • Liberty and Justice for All
    • Take Back the West
Re: Nationalization or Bankruptcy poll
« Reply #1 on: February 22, 2009, 03:22:29 PM »
I am almost 100% sure they will nationalize the banks in the time period listed. And I am almost certain they wont let them file chapter 11.
Logged
"A wise man's heart directs him toward the right, but a foolish man's heart directs him toward the left." Ecclesiastes 10:2
Pages: [1]   Go Up
« previous next »