引用:
原帖由 bigdeal 於 2008-7-2 11:54 發表 
such as AIG, BAC, C, JPM. I don't mind if they go lower but how likely it is that they may go bankrupt. Would appreciate your opinions.
BTW many sites I visited suggest investors to avoid ...
they might not take the form of bankruptcy, since these same bankers are the owner of the Fed (a private company), so they Fed will try to save them (also help them hiding the loss). for example, the Fed has been buying their worthless debts/loans (subprime, alt-a cdo, mbs etc) at *face value* (meaning not marked down to falling market price) with more freshly printed worthless dollars (a little exaggerated of course), so their books are not as bad as they should be, the end result is that it is the US taxpayers who fund the bailout of such bankers... thats why the us dollar is fast becoming worthless and credibility going downhill... thats why we have oil price and commodities shooting up (and so will gold/silver), not because of speculation, it's worthless dollar, apart from supply/demand
after all these, Citigroup is still insolvent, it is the zombification of the banking systems like the one happened in Japan, loaded with bad debts, and not letting them going bankrupt.. i wont touch them even though they are all hitting new lows in the DOW, especially C... Their financial situation aside, the US economies will be *really really really bad* in the coming few years at a minimum, and their revenue will sure take a big dive.. it is not exaggerating to say this is gonna be the worst situation since the US Great Depression... but if you are speculating for the short term, then it doesnt matter really
for big banks, bankruptcy will not be allowed by the Fed, but there could be mergers, radical downsizing, and stock price falling off the cliff, and there will be many mid/small size regional banks going bankrupt in the US...
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本帖最後由 hardcat 於 2008-7-3 11:19 編輯 ]
