http://www.ridingthedax.com/2008/11/19/obamas-1st-action-joke/ Sat, 11 Feb 2012 08:27:07 +0000 hourly 1 http://wordpress.org/?v=3.0.3 http://www.ridingthedax.com/2008/11/19/obamas-1st-action-joke/#comment-580 Oli Wed, 19 Nov 2008 22:30:22 +0000 http://www.ridingthedax.com/2008/11/19/obamas-1st-action-joke/#comment-580 Thanks ... look at Citi ... you might be right ... maybe you won't like that :) Thanks … look at Citi … you might be right … maybe you won’t like that

]]> http://www.ridingthedax.com/2008/11/19/obamas-1st-action-joke/#comment-579 Noble Wed, 19 Nov 2008 21:51:36 +0000 http://www.ridingthedax.com/2008/11/19/obamas-1st-action-joke/#comment-579 you're a funny man. Market action continues to be as expected - market is doing its work for Bush. Insolvency might happen BEFORE George leave office. That is the biggest overhang right now. Stocks are trading at what I would call OK multiples - but long term investors will only come in once they know that all Financial issues have been resolved and the only way they will be resolved is to Nationalize all the insolvent banks - wipe out the share holders and the bond holders. Bush says he doesnt want to nationalize. DOES HE HAVE A CHOICE? Simple - No. you’re a funny man.
Market action continues to be as expected – market is doing its work for Bush. Insolvency might happen BEFORE George leave office. That is the biggest overhang right now. Stocks are trading at what I would call OK multiples – but long term investors will only come in once they know that all Financial issues have been resolved and the only way they will be resolved is to Nationalize all the insolvent banks – wipe out the share holders and the bond holders. Bush says he doesnt want to nationalize. DOES HE HAVE A CHOICE? Simple – No.

]]> http://www.ridingthedax.com/2008/11/19/obamas-1st-action-joke/#comment-578 Henning Wed, 19 Nov 2008 18:32:09 +0000 http://www.ridingthedax.com/2008/11/19/obamas-1st-action-joke/#comment-578 I like that one! I like that one!

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