Charlie Gasparino points out the most important aspect of the maybe Citi-Gov deal that has been entirely, shamelessly, overlooked thus far. If the US takes a forty percent stake in the Big C, it’ll displace Prince Alwaleed as the single largest shareholder. First off, taking the Prince’s feelings into consideration, this is devastating. Sure, in the beginning, Vikram et al will probably act as though ‘leed is still important to them but you know before long Pandito will be all, “I actually gotta take this call,” heretofore NEVER interrupting the Prince during one of their marathon phone conversations. After a while, he’ll be “some guy we used to know in Saudi Arabia.”
Brushing those tears aside, however, an important question must be answered. According to CG, when Alwalweed would say ‘jump,’ Citi would ‘jump three feet, so you’ve got to multiply that by ten for the government and it’s 30 feet’ (the math behind this apparently being that Al has an approximately 4 percent stake and 40/4 = 10 * 3 = 30 ft). But obviously there’ll be other preferred treatment besides jumping associated with having your tentacles in C, and we need to determine now what kinda sick stuff the senior staff and board are willing to do. Wining and dining, sure, but are we also talking, like, A to O?
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
A blumpkin?
bitchslapped by team america! fuck yeah!
what is A to O?
Last line made me spit soda on my keyboard (am typing this fast before anything gets shorted out). Nice, Bess.
Couple of wild and crazy investors!
@3 its like being danza slapped during a london bridge by a wideclops with no reacharound. duh.
@7- no it’s not.
nothing the camel hasn’t had before
@8 and you know because you still taste the a in your o?
The Dirty Shiek? or The Sandy Camel?
Bess, any coverage of Barney Frank and Northern Trust? TMZ is scooping you, and the populist outrage over there is getting out of control. Never mind that they were spending money on things that employ “working Americans,” evidently you can’t have it be fun or enjoyable.
@3 It’s kinda like a boston cream…Chocolate on the outside, cream in yer mouth.
@10- you should’ve thought your burn through better before posting. That doesn’t even make sense. It would be MY A if I was tasting it in my mouth.
apologies to adrian zmed, but that guy is pretty fugly
@12- who cares about Northern Trust?
alwaleed is allwadone!
dow is up today? anyone have an effing clue why??
Apples to Oranges?
All your Alwaleed are belong to us.
@HOPE AND CHANGE
Is that Jose Canseco before the juice?
14 shut up you dirty little cummonkey
Multiple Miggs to the face, courtesy of the US and A.
Ass to orifice (pick one)? I’m lost in this sea of ambiguous sexual dominance without a paddle (or leather mask, for that matter).
18 I was wondering the same. Can’t be simply that big ben reiterated that he’s going to support the banks. Since when is that a news flash? So much for efficient markets.
The guy gave us oil, gave us the money back we paid for the oil, let us earn fees on that capital for 20 years and now ends up getting nothing.
Almost like a Ponzi scheme.
is that kinda like ATM?
Nice job Sandy Weill – No matter how high you jump now isn’t going to save anyone
Alwaleed- thanks for trying but Citi management was just as clueless as everyone – All our American bankers who we thought were brilliant turned out to be nothing but world class peddlers trying to scam everyone (read Madoff) – Now the media wants to turn the table on you idiots for believing in our country.
Isnt that something
A to O ………..Bess you kinky Bitch, I didn’t know you had it in you……
@analyst- not at all. Anal to Oral.
A reach around?
@18
Technical oversold bounce?
The probability of the market being down for an 8th day is 0.46%.
Bigger question – shorting GS @ $90? anyone have a clue about how AIG’s impeding bankruptcy will affect GS.
@18
Technical oversold bounce?
The probability of the market being down for an 8th day is 0.46%.
Bigger question – shorting GS @ $90? anyone have a clue about how AIG’s impeding bankruptcy will affect GS.
These companies should be taken over, shareholders wiped out, then the government tries to sell the pieces. This is what happened with LB – many jobs were saved when another bank bought what was left. This is what should happen. Many regional banks will take the existing accounts and loans.
But instead there were will be “nationalization” which means taxpayers take over the bank, spend billions fixing it up, get nothing in return, then a few years from now when the bank is profitable again, the government sell their stocks but the stocks are more valuable so Rubin and all the other criminals haven’t lost money on their stocks. But taxpayers get nothing. We never get anything.
@anal_yst;
exactly a-t-m
AIG May Abandon Asset-Sale Plan, Hand Stakes Directly to U.S. Government = Fcuk it…Suckers!
And yes the tax payer will be made whole.
@35 100% agree except you forget to add “Fire all the management and demand the Board members step down”.
They caused this freak show and should not be left to spend OUR MONEY!!!!!
I can honestly say this is one shit storm I can’t wait to see unfold in the press. Please Lord! Please Lord! I don’t ask for much but please give me this one story in the coming months.
The U.S. Govt gives a sweetheart deal to the royal family/rulers of Saudi Arabia. The same royal family that funds Sunni militias in Iraq that kill U.S. soldiers. The same rulers that teaches children to hate.
I can see the UAW now on the nightly news, “the politicians care more about Middle East wealth than they do about hard working Americans who build American cars.”
SPODE
@lowly – hahaha well played
finance by day – porn by night. rock on bitches.
Did he rob Dale Earnhart’s grave to steal his shades? Sick fuck.
-BeckyBootFan
@SPODE
They are all part of “Team Elite”. They are all going down together if everyone can come together.
“The tree of liberty must be refreshed from time to time by the blood of patriots and tyrants.”
Will Citi execs etc get those civil service grades/titles? i.e. You are now upgraded to a G20.
http://www.youtube.com/watch?v=OYfvDCSWu3s&feature=related
How did you get a picture of him where he wasn’t wearing black? It’s usually a black turtleneck and black slacks.
@45- Fuck yea!
Moleee, molee, moooooooooooooolee!
“But obviously there’ll be other preferred treatment associated with having your tentacles in C”
More like testicles in C.
Bess: You are twisted and we love it.
Looks like Sunny Bono before he skied into the tree. He’s probably hoping for the same fate with how much money hes lost