next boom
08-25-2008, 02:51 PM
#3
Gets Weekends Off
Thread Starter
Joined APC: Jul 2007
Posts: 270
Thats what I thought, but I wanted to confirm it. I am putting everything into the airlines.
Seriously, I was talking to a friend that works for Morgan Stanley and he says health care and financials will be the next to surge up. Everyone has an opinion, but who knows what will happen.
Seriously, I was talking to a friend that works for Morgan Stanley and he says health care and financials will be the next to surge up. Everyone has an opinion, but who knows what will happen.
08-25-2008, 03:09 PM
#4
With The Resistance
Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
The current boom has been short selling financial institutions with lots of bad debt on their books. Next year it may well be buying the survivors for dimes on the dollar.
The FDIC has a list of 90 banks on the brink of failure, but they won't share the list because it might alarm the public.
The FDIC has a list of 90 banks on the brink of failure, but they won't share the list because it might alarm the public.
08-25-2008, 03:27 PM
#5
Gets Weekends Off
Thread Starter
Joined APC: Jul 2007
Posts: 270
The current boom has been short selling financial institutions with lots of bad debt on their books. Next year it may well be buying the survivors for dimes on the dollar.
The FDIC has a list of 90 banks on the brink of failure, but they won't share the list because it might alarm the public.
The FDIC has a list of 90 banks on the brink of failure, but they won't share the list because it might alarm the public.
I think that is what my buddy is thinking as well. He said in early 2009 there will be some great deals in the financial markets.
