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    • Mon Jun 30th 11:55 AM
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      Is Citi's Vikram Pandit a Robot?
      Not sure if Pandit's writing skills correlate with his ability to save Citi but I agree that is a lot of gibberish. I've been averaging into the stock lately and agree with the point Felix makes. Pandit sure could come accross in a more meaningful way, to step up to the plate. How about selling some assets to begin with to raise more capital?
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    • Sat Jun 21st 00:41 AM
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      GM's Last Fatal Mistake
      I think the writer is missing the big picture. GM hasn't traded this low since October 1974. Not surprisingly that was the height of the oil crisis back then too. Sure, there is also a credit crisis going on right now and the consumer is weary of buying ANYTHING. Big ticket items like autos suffer the most under these conditions. By the same virtue we might assume that consumer lenders and airlines will go bankrupt too.

      It is a typical sell-off at the height of a recession, fuelled by oil. It is not prudent to compare GM to Bear Stearns, whose demise was a crisis of confidence. GM's survival does not depend on short-term investor confidence. They are downsizing and doing the right things under the circumstances that will lead to huge cost cuts in the years to come.

      Sure the auto business is contracting under the circumstances as is expected in a consumer lead recession. It is not the end of the world though. GM is going through a down cycle like in 1974. and unlike Ford, they are profitable under normal business conditions. At some point the stock will bounce and bounce hard.
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    • Wed Apr 16th 21:58 PM
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      Why I'm Leaving Lehman
      I also wonder what made you sell out now when you should have done so long ago. What were you thinking when LEH hit the intraday low of $20? It was at the brink of collapse exactly like Bear and the stock is still underperforming its peers. So why exactly is LEH any better than the rest? I would say if anything it is more vulnerable but selling out NOW is definitely an afterthought just like this article.
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    • Fri Apr 11th 04:33 AM
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      Lehman Shorts Scared by Bear Stearns Investigation
      I meant the first comment...the market is always flush with rumours. Sometimes they are true. If the rumour was that Bear was going bust, who can refute that? It happened. So let's not start some MaCarthyist movement here to get the shorts.
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    • Fri Apr 11th 04:27 AM
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      Lehman Shorts Scared by Bear Stearns Investigation
      Hallelujah to that comment! I sold my stock just before the collapse and saved a bundle. Wish I had gone short too!
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