Tag: financial institutions

Are Your Assets Safe At The Banks?

| March 2, 2009 | 0 Comments

It’s starting to happen.  Slowly the government’s nationalizing the banks. They don’t want to admit it to the investing public… but slowly they’re taking control of each big institution.  Citigroup’s (C) a perfect example. First they gave them $25 billion to “increase lending.”  Now the preferred stock is being converted into shares.  This effectively makes […]

Continue Reading