US Bank Fan

Lehman: The End Game

Everyone can comment pessimistically after the fact. How about investors start to comment 30 % of the banks in the US will be bankrupt and insolvent like Indymac next month, because they don't have enough equities and enough money to pay back to all of their depositors. Please remember that all the bank run down cases in this world also happened because of rumour in banking confidence not only finacial situation on banks' balance sheets. Tomorrow you just spread this rumour through CNN and CNBC and convince people to believe your comment, I believe you will see how many people will go queuing at their banks and try to withdraw their money. Perhaps, one day investors around the world will comment and create a rumour on US govornment will be moratorium and insolvent on US tresury bonds. Everything is possible if all of you try to create bad sentiment in your own believes to your own country. When that day come, 30% of the US population may have to work for garment and shoes factories and supply the products to Chinese and Indian customers. Moreover, Arabians, Asians and all foreigners will be the owners of US banks, financial institutions and properties, Do you want this dream come true ? Go ahead, please create more rumour on US banks and bearish sentiment on US economy. Sooner or later you 'll see it. Last but not least, as of today is Mr. Bottle still shorting LEH ? Wow ! you are so brave.

Citi's in for More Pain

Hoping nobody 's shorted Citi at $15 last week. Look at closing price on Friday the 18. That's scary, if you haven't covered your short selling. I 've longed Citi at $ 16. What should I do next ?