THE WALL STREET WEEKEND BAIL-OUT SALE!
Come and buy while the discount window is open! This Saturday and Sunday Only!
Investment and Commercial Banks at Blowout Prices!!!
LEHMAN BROTHERS- $3.56 a share!! SALE!!! 95% OFF SALE!!!!
Lowest Sale Price in 158 Years!!!
Retail Price $67.73 on 11/14/07
-“The Lehman Brothers are ... obviously having issues.”-Reuters
-“All that “naked short selling” is catching up with the Lehman Brothers.” -Financial Times
LEHMAN'S CLOSEOUT SALE PRICE $3.56!!!! MUST LIQUIDATE!!!
WASHINGTON MUTUAL- $1.94 for a share!!! CUT TO JUNK ON 9/11!! 96% OFF!!!
A fragment of this Commercial Bank ON SALE FOR A LIMITED TIME ONLY
Retail Price: $39.25 on 9/19/07
“WaMu, the largest U.S. savings and loan, projected a $4.5 billion third-quarter increase in reserves for bad loans but said it has more than enough capital. Being called the sacrificial lamb of 9/11 on Wall Street, Moody's cut the Seattle-based thrift's unsecured debt rating to a Ba2 from a Baa3 its second-highest "JUNK" grade. "-Reuters
WASHINGTON MUTUAL CUT TO 96% JUNK!!
AIG - (American Int’l Group)- $12.54 a share !!! 83% OFF!!!!
“(Asian) Central bank governors are embarrassed at being caught holding this paper.”
Retail Price: $70.13 on 10/9/07
AIG, the insurance giant in the debt markets, took rapid plunge during the week of 9/11. The price of shares fell more than 30% on Friday 9/12/08 alone. A portfolio manager at AIG Sun America Asset Management, voiced the attitude of Asian central banks,
“(Asian) Central bank governors are embarrassed at being caught holding this paper. The over-riding mandate of a central bank is to hold liquid assets-- and the risk of being unable to sell a large amount of agency paper has become more apparent”- Reuters 9/11/08
AIG- 83% OFF FOR LIMITED TIME ONLY!!!
WACHOVIA - $13.78 a share - 74% OFF THIS WEEKEND!!!
Retail Price: $53.10 on 9/19/07
“Wachovia is among the banks hit hardest by the housing crisis, as it tries to manage mounting losses tied to its $122 billion portfolio of risky Pick-A-Payment loans, which let borrowers skip some payments.”-tradernews.com
WACHOVIA SHARES ON SALE 74%!!!!
MERRILL LYNCH- $19.86 – ON SALE NOW!! 75% OFF!!!
“Our firm sold the last of its Merrill shares on Thursday.”
Retail Price: $78.66 on 9/19/07
"I think the market's saying that if Lehman is going to go away and there were to be a domino effect- then next up is Merrill Lynch.” predicts a Wall Street equities analyst.
BUY NOW AT 75% OFF!!!! MERRILL LYNCH!!!
Appendix A – Banks that Hit Highest Share Price on September 19, 2007:
Morgan Stanley- $37.04/ $69.87 YrHi 9/19/07
Wells Fargo- $32.58/ $37.99 YrHi 9/19/07
Merrill Lynch- $19.86/ $78.66 YrHi 9/19/07
Citigroup- $17.88/ $49.00 YrHi 9/19/07
Wachovia- $13.78/ $53.10 YrHi 9/19/07
Washington Mutual- $1.94/ $39.25 YrHi 9/19/07
Appendix B – Banks with Lifeboats:
Goldman Sachs- $152.74 / $250.70 YrHi 10/31/07
JP Morgan Chase- $39.55 / $49.95 YrHi 5/2/08
Morgan Stanley- $37.04 / $69.87 YrHi 9/19/07
Wells Fargo- $32.58 / $37.99 YrHi 9/19/07
Bank of America- $31.70 / $52.96 YrHi 10/11/07
2 comments:
Love your photos! Up close & personal. Unfortunately, this past week-end bail-out sale is now spiraling out of control. How prophetic your article was. Every day, every hour, we're hearing of more casualties in the financials. These are scary times.
Great work.
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