The third wave of Systematic capital destruction isn't normally felt in the Market makers pocket, it is in all the investors that have been holding on in companies they "believe in", the ones that are too big to fail, the ones that are American Tradition.
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27
Feb2009
27
Feb2009
Well, we aren't going to nationalize it but the Treasury will take 75% stake in Citibank knocking the investors value out the window.
19
Feb2009
https://www.ibo.nyc.ny.us/iboreports/stocktransfertax.pdf another silly notion. Where is the benefit in this?