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1 point posted on 11/11/08

N/A

abates:

-11.71%
risk: moderate

exit strategy?

what are the governments exit strategies for the stakes it has taken in us banks?

Related to:

C		Citigroup Inc
WFC		Wells Fargo & Company
JPM		JPMorgan Chase & Co

Comments (4)

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allstarinvestor

85%

1 point commented 371 days ago reply

they dont have one that is the problem, gov is being to short sighted

alephandtao

84%

1 point commented 370 days ago reply

Not sure we want them to have an exit strategy. They were bailed out because they were reckless, remember? I'm against the free gifts to business strategy that the government used during the savings and loan scandal.

Also having a stake puts someone in a position to put the brakes on stupidity. Whether or not the government will use that pull remains to be seen.

abates

N/A

1 point commented 370 days ago reply

the gov cant stay in forever, less we turn into some form of socialism with government ownership.

nextfundmanager

N/A

1 point commented 369 days ago reply

what good is having them gov in the market if they are going to stay there forever?

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Citigroup Inc (C)

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