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Say bye bye to CITI and WAMU...with Wachovia a possible third...they will be shadows of their former selves if they are not bought up. CITI sold its German retail bank unit today to the Frogs...for $7B in cash.

Come to think of it, this is the last hurrah of the USA as the dominate financial power in the world...we have blown our wad...The USA is for sale....NICE GOING BOOMERS....

I maybe being a bit pessimistic here? But it sure don't look too good.

Anyway..if Obama becomes Prez, he and Congress are going to try and get blood out of a Turnip to fund their social programs,,,,only problem is there will be no money left and they won't be able to do a dam thing. If they should try and push they will turn this country into a down on its heels has been of a nation that will take decades to recover if ever. So let us all chant...we want socialism, we want socialism, we want socialism....

Jamie Dimon said last week that he is not worried about Morgan Stanley being profitable if the Dems get in, there are plenty of places to invest money in the world. So say bye bye to Morgan Stanley tooo....