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Author Topic: Jaw dropping FED action

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Icon 1 posted March 19, 2008 21:06      Profile for YaYawoman     Send New Private Message       Edit/Delete Post   Reply With Quote 
Well guys here is a link. Citigroup is warning about leverage in it.
If you dont want to read it I will gist it


Basically analysts at citigroup are warning about the great unwind beginning. Analysts are saying to avoid companies and countries that hav ecome to rely on borrowed money. They are advising against anything leveraged. Hedge funds, private equity, real estate. Equities in emerging markets are preferred over established nations.

This is sooooo amusing to me because basically these analysts are citi employees and warning against their OWN comopany. I find this as funny as Steen found the company memo that made him contemplate interpretive dance. hahahahahahahahahahahahahahahahaha.

Oh yeah

So I was golfing yesterday and my ball slammed right into the water. Damn those liquidity traps.

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