What will the Government do with one of the bad banks …. Citibank
Here an interesting calculation by Wall St. Journal …
In a joint statement Monday, the Treasury and regulators said banks shouldn’t be owned by the government, and should have a high-quality capital base.
For some banks, a quick way to do that would be […]

Interesting piece of thought …
ChartingStocks.net
As it is by far cheaper to nationalize both banks than to keep putting money in the black hole … it might be DUE …

Today … another round of scary reports … Bank of America and Citibank lost “some more” billions
Bank of America had to take 20bln $ MORE(!) help from the always giving U.S. Govt. and got backstopped on just around 120 bln $ … following in the footsteps of Citibank …
IMHO … this means TWO […]

The U.K. was the first to nationalize a bank … Northern Rock …
NOW they step in to “nationalize” at least partly the “former big” banks.
Market talk is, that tomorrow BEFORE markets open, an announcement from Mr Darling will be made.
Talk is, that the UK Govt. will take stakes in RBS, Barclays and TSB totalling around […]