Comments on: Notable Citi, Wells, BofA Tidbits…and more

By: David

David — Fri, 05 Dec 2008 04:16:06 +0000

Glenn Beck has said it well on his radio show yesterday…
“You cannot inflate the world’s money supply to the point that we have. They are lying to you. They are trying to take this down let’s look at them in the best possible light. They are trying to take this system down as slowly as they can so you can prepare, but I’m telling you you are running out of time to prepare. You must prepare your household, you must prepare your children, you must do logical, well thought out things to be able to prepare your family and please do not do them in a panic fashion. I don’t tell you these things to panic you. I tell you this with a sense of urgency so you may move with a sense of urgency and it is the same reason why CitiBank is telling you this today. They say it’s either going to be inflation or a downward spiral into Depression, civil disorder and possible wars. They are talking about this on a global scale. They don’t say that this is the United States but, gang, there’s trouble coming. They are throwing the kitchen sink at this. This is what I told you a year ago.”

By: RE-appraiser

RE-appraiser — Thu, 04 Dec 2008 03:30:56 +0000

P.S. -

I assume the “Bill King” you are referring to used to work for JPMorgan and left last May to work at Citadel. Please correct me if I’m wrong.

By: RE-appraiser

RE-appraiser — Thu, 04 Dec 2008 03:20:15 +0000

Mark, your inclusion of Bill King’s remarks are fascinating. Indeed, I’ve been considering for some time now whether or not the federal government will allow the Federal Reserve to go bancrupt, if not purposely so. Afterall, it’s a private bank with a government charter, a sort of GSE. Either way, America may again see an all new central bank as from prior era’s – the “Bank of the United States”.

By: alan stevens

alan stevens — Wed, 03 Dec 2008 17:07:25 +0000

Thank you soooooo much for the due diligence and HONEST reporting. This is EXACTLY the kind, and quality of information the individual investor requires.

It strikes me as amazing and almost irresponsible that the “analysts” on the street have not disected the composition of Tier I as you have.

It seem as times The Street is just a den of crooks and liars.