JTF.ORG Forum

General Category => General Discussion => Topic started by: Zelhar on February 22, 2009, 02:40:28 PM

Title: Nationalization or Bankruptcy poll
Post by: Zelhar 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.

Title: Re: Nationalization or Bankruptcy poll
Post by: P J C 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.