Breaking:Citi-Group About To Release Enron Like Problem

FOX,CNBC | 7-22-02 | my favorite headache

[My Favorite Headache]

Radio and I just see FOX reporting this. Big lender to worldcom and other giants...in trouble.Markets now back to falling...here we go.

[steveegg]

You remember the miraculous recovery of the economy right after S(l)ick Willie testified before the grand jury? If it weren't for that, he may well not have survived.

At the same time, not only was Greenspan in the midst of pumping massive amounts of money into the markets through interest rate cuts, but most of the companies that are accused of cooking their books started cooking their books.

[My Favorite Headache]

After talking to my friends in Manchester a few days ago they said Blair is in serious trouble over there with the people. Looking to get rid of him. Who would be a strong contender over there if Blair is out?

[mwl1]

Gracias for referral. Other than small investors being hurt, couldn't happen to a more deserving bunch of liars.

Time for GOP to play hardball with Dodd, Lieberman, Corzine.

[My Favorite Headache]

Rubin was actually out this weekend bashing Bush and his policies and talking Bill and Al up and how all of their work has come undone. "Yeah Rubin...it sure has"

[Desdemona]

"Fasten your seat belts everybody, we are at the top of the next lift-hill!"

Seat belts? Try lower the lap bars. Seat belts allow no air time and stomach butterflies and there will be plenty of those to go around.

[steveegg]

All it will take to scare them off is some baseless allegation (probably already being prepped for release).

[mwl1]

81, excellent post. Thanks for the memory.

[My Favorite Headache]

I agree. That is if they don't suffer from "Electionitis", and lose their balls.

[Mo1]

Did you find this one yet??


The sainted former treasury secretary makes a sleazy phone call, and nobody cares.

http://slate.msn.com//?id=2060712

[NativeNewYorker]

His comp is a mere $16.5 million, as listed here.

[mwl1]

Unfortunately, GOP leaders cannot lose what they never had.

[Orangedog]

nothing but smoke screens because August the 14th is drawing near.

14 August (or the days leading up to it) will be the nail in the coffin that could very well take the Dow down to 7000. The NASDAQ will likely be hit even harder. 1300 is still way too high for the current P/E's. Somewhere between 850 and 1000 would be more in line with the fundamentals.

As ugly as this is, it could go a lot lower very soon.

[mhking]

Seat belts allow no air time

Do you really want air time on this ride? [lol]

[kcvl]

Thanks.

[Mo1]

Yes I've noticed that ...

[lelio]

Here's a link to HPLA.

[My Favorite Headache]

Dow down 150 right now. Been balancing between 150 and 200.

[Shermy]

Actually, Enron might be related. I believe Citi-group was their biggest creditor, no?

[My Favorite Headache]

WorldCom trading at $.10 cents a share right now. Probably taken off NASDAQ by end of week.

[cactusSharp]

that comment made me think of something...it's a half hour til mkts close,so......holding citigroup news til close ?
avoiding blame too ?