[lbo-talk] Geithner clarifies
Jordan Hayes
jmhayes at j-o-r-d-a-n.com
Tue Mar 24 18:50:53 PDT 2009
> If you were nationalizing Citi, wouldn't you obviously want to guarantee
> its short-term funding?
Do you have idea what it would mean for a government to back a large trading
desk?
Does the term Black Wednesday mean anything to you?
Multiply that by dozens of instruments and markets and probably by a factor
of 40-100 in capital size.
/jordan
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