Citibank and Bank of America ...

boss2007

will be history by May.2009 ..

http://www.chartingstocks.net/20 ... nt-live-to-see-may/

boss2007

correct me if I were wrong ... HSBC USA + US Central Bank (Fed Reserve) + UK Central Bank ?

"The banks' quarterly financial reports show that as of Dec. 31:

- J.P. Morgan had potential current derivatives losses of $241.2 billion, outstripping its $144 billion in reserves, and future exposure of $299 billion.

- Citibank had potential current losses of $140.3 billion, exceeding its $108 billion in reserves, and future losses of $161.2 billion.

- Bank of America reported $80.4 billion in current exposure, below its $122.4 billion reserve, but $218 billion in total exposure.

- HSBC Bank USA had current potential losses of $62 billion, more than triple its reserves, and potential total exposure of $95 billion.

- San Francisco-based Wells Fargo, which agreed to take over Charlotte-based Wachovia in October, reported current potential losses totaling nearly $64 billion, below the banks' combined reserves of $104 billion, but total future risks of about $109 billion.

source:
http://rense.com/general85/fedd.htm

MyOMy

原帖由 Littleprince 於 2009-2-21 13:58 發表

若政府接收﹐係咪代表股票變廢紙架﹖

I have limited knowledge on this, any LYK, please correct me if I am wrong.

The answer is yes and no, it can go either way. When government or the buyer brought, they have the right to dissolve the corpoartion and sell it piece by piece. After the liquidation, if there is any proceed left (most likely not), that will go to stockholders. The stock certificate will particularly becomes wall paper.

The government's number one job is to save the depositer, save the worker but not likely the stockholders.

peter236

原帖由 快樂牛郎 於 2009-2-21 02:04 發表
I still bank with BoA everyday.

Are you from the US?

tapioca

Bought its stocks when it was $30. If sell it now, losing for sure; if keep holding may be total loss...
Like a crab now

Littleprince

原帖由 MyOMy 於 2009-2-21 13:37 發表


用倒後镜炒股, 好 risky。搞不好, 無得剩。

最近我見到有人用同樣理由炒 Nortel，炒者話已有斬獲, 我就怕佢卒之比人斬鑊。

若政府接收﹐係咪代表股票變廢紙架﹖

MyOMy

原帖由 Littleprince 於 2009-2-21 12:51 發表
有危就有機。。。對呢個情況還適切嗎﹖ 還有否人買他們的股票﹖ 現在雖然這狀況﹐但始終是大銀行﹐又這麼平宜﹐會否有人入貨呢﹖

用倒後镜炒股, 好 risky。搞不好, 無得剩。

最近我見到有人用同樣理由炒 Nortel，炒者話已有斬獲, 我就怕佢卒之比人斬鑊。

Littleprince

有危就有機。。。對呢個情況還適切嗎﹖ 還有否人買他們的股票﹖ 現在雖然這狀況﹐但始終是大銀行﹐又這麼平宜﹐會否有人入貨呢﹖

快樂牛郎

I still bank with BoA everyday.

rainbow-davie

原帖由 fibbi 於 2009-2-20 19:02 發表
Oh no...what happens to my city bank master card???

So, instead of you owe Citybank $, you owe US government $.