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

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Author Topic: Nationalization or Bankruptcy poll  (Read 546 times)

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Offline Zelhar

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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.
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Offline P J C

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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.
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"A wise man's heart directs him toward the right, but a foolish man's heart directs him toward the left." Ecclesiastes 10:2
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