Comments on: More bailout funds for Citigroup? http://radioviceonline.com/more-bailout-funds-for-citigroup/ The blog home of The Jim Vicevich Show Thu, 09 Feb 2012 19:37:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Steve McGough http://radioviceonline.com/more-bailout-funds-for-citigroup/comment-page-1/#comment-2786 Steve McGough Sun, 01 Mar 2009 15:05:15 +0000 http://radioviceonline.com/?p=8341#comment-2786 My definition of a bailout is any money or agreement between a failing business and <strong>any</strong> investor to prop up the business. The government chipped in money before by buying up stock that nobody else would buy (bailout). Now that the stock is near worthless, they came up with the scheme to "convert" the shares worth nothing into something that is a little more valuable (bailout #2). All cooking the books in my opinion. If I invest in a company, and the common stock of that company becomes worthless, do I get to go and renegotiate my original investment to make it worth more? My definition of a bailout is any money or agreement between a failing business and any investor to prop up the business. The government chipped in money before by buying up stock that nobody else would buy (bailout). Now that the stock is near worthless, they came up with the scheme to “convert” the shares worth nothing into something that is a little more valuable (bailout #2). All cooking the books in my opinion.

If I invest in a company, and the common stock of that company becomes worthless, do I get to go and renegotiate my original investment to make it worth more?

]]> By: Erik Blazynski http://radioviceonline.com/more-bailout-funds-for-citigroup/comment-page-1/#comment-2777 Erik Blazynski Sat, 28 Feb 2009 21:07:17 +0000 http://radioviceonline.com/?p=8341#comment-2777 The answer to your question is  NO, this is not another bail out, this deal does not result in the government spending more money on Citi.  Your post is pretty misleading. -Erik The answer to your question is  NO, this is not another bail out, this deal does not result in the government spending more money on Citi.  Your post is pretty misleading.

-Erik

]]> By: Nationalizing Banks USA: Another day, another multi-billion-dollar bank bailout for Citigroup | Fire Andrea Mitchell! http://radioviceonline.com/more-bailout-funds-for-citigroup/comment-page-1/#comment-2762 Nationalizing Banks USA: Another day, another multi-billion-dollar bank bailout for Citigroup | Fire Andrea Mitchell! Fri, 27 Feb 2009 20:11:24 +0000 http://radioviceonline.com/?p=8341#comment-2762 [...] (Photoshop credit: Radio Vice Online) [...] [...] (Photoshop credit: Radio Vice Online) [...]

]]> By: Michelle Malkin » Epic FAIL: Let’s pour billions more down the Citigroup drain! http://radioviceonline.com/more-bailout-funds-for-citigroup/comment-page-1/#comment-2756 Michelle Malkin » Epic FAIL: Let’s pour billions more down the Citigroup drain! Fri, 27 Feb 2009 15:23:17 +0000 http://radioviceonline.com/?p=8341#comment-2756 [...] (Photoshop credit: Radio Vice Online) [...] [...] (Photoshop credit: Radio Vice Online) [...]

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