Posted On: February 20, 2009

When Will Citibank and Bank of America Be Nationalized

As an avid news watcher, one could not help but witness the carnage happening on Wall Street. Although we haven't heard of any bank runs yet, it is probably going to happen soon if Bank of America (BAC) and Citigroup (C) don't get their acts together. Bank of America's stock price closed at $3.93 per share and Citigroup closed at $2.51 cents per share. Both stocks are down even further in pre-market trading. BAC C.

The title of this blog is when, not if, Citigroup and Bank of America will be Nationalized. Right now, the Federal Government has already pumped in 500 billion to these two behemoths and where did it get us? Unfortunately, no where. Why? Because no one in Washington has the guts to tell us the truth or they have their heads so far up the special interest groups butts that they cannot see the light of day or what is really going on there.

Continue reading " When Will Citibank and Bank of America Be Nationalized " »

Bookmark and Share

Posted On: February 5, 2009

New Mortgage Modification Blog Coming Soon

With the economy being so bad in Southwest Florida and the pending changes coming to the Bankruptcy Code, we decided that it was time to spruce up the old website with a new blog that deals specifically with mortgage related issues. So the new blog should be rolling out next week. Keep an eye out for it.

Continue reading " New Mortgage Modification Blog Coming Soon " »

Bookmark and Share