ST Alpha - "I just dont see the gov nationalizing a bank, unless it totally failed and the FDIC does it." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 153

In response to "just an fyi...talked to my stockperson at Morgan Stanley/Smith Barney.....regarding Citigroup...." by Remlik

I just dont see the gov nationalizing a bank, unless it totally failed and the FDIC does it.

Posted by tRuMaN (aka Truman) Jul 8 '09, 07:51

I just dont see that happening.

Responses:

The FDIC regularly takes over failing banks, gets them in order, unloads them. It's what it does and it's very good at it. -- nm - TWuG Jul 8, 07:54 3
- yes, but that would not be a nationalization of a bank. -- nm - tRuMaN Jul 8, 07:56 2
  - Given the looseness with which falling-skyers are using the term, it would be. - TWuG Jul 8, 07:58 1
    - all I know is that I am more than willing to start a business if the government wants to give me free money. - tRuMaN Jul 8, 08:00

Post a message top

Replies are disabled on threads older than 7 days.