iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
21,264 Blog Posts

China Not Interested in Citi

The good news is, there is still dumb money in the middle east to float their [[C]] boat. The bad news is, China is no longer interested in investing in Western banks.

Hmmm, I wonder why?

While Chinese investment groups have bought big stakes in Wall Street firms like Bear Stearns and Morgan Stanley, the scuttled deal suggests there may be limits on how much the Chinese government is willing to invest in the Western banking system. The exact reasons for the breakdown are unclear, and it is possible the two sides may return to the negotiating table.

It’s a disgrace that we have been reduced to third world status, while they’re the rich fuckers.

Reverse roles and shit.

If you enjoy the content at iBankCoin, please follow us on Twitter

13 comments

  1. jeff

    China is the model.

    Prepare for the lethal injection mini-vans like in Lobster town

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. spindoctor

    Chinese not very stupid. Peak oil keeps middle east guessing how they should secure their future. Yes my friend, I will buy C with the change in my golf bag.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. kittoo

    china rules…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. BreakingOut17

    Fly, what are your thoughts on Cramer’s super pump of EMC? Also, should I hold my INTC I just bought through earnings tomorrow? DEO at 79?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Suny-tzu

    “Subjugating the enemy’s army without fighting is the true pinnacle of excellence.

    Thus the highest realization of warfare is to attack the enemy’s plans; next is to attack their alliances…”

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Wang Hung Lo

    Suny-tzu

    You make no flucking sense. Wha kind aw stuff is dat? Yu need to get in touch wit the leah wold. Speak Engrish, prease!

    Nobody has to tiew me dat China no moah want Amelican bank. We wiew lure da wold ebentuarry. Bank on dat.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Juice

    A comprehensive Short & Ultra short ETF List

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Gunners

    Thanks for the list Juice. does anyone know the difference in SDD and SBB. both short the S&P small cap 600. not a bad idea if you ask me, but no one is asking me because i’m an internet fucktard

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. CubsRock

    FXP sure moves, time to watch this one more closely.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. gappingandyapping
    gappingandyapping

    UH OH!!! Retail sales shit the fucking bed!!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Shorticus, Demigod of Financia
    Shorticus, Demigod of Financia

    Yes, children, you know we are firmly ensconced in the Era of Shorticus when we receive word that the Amish have gone back to making their own clothes again.

    Accept no substitutes, children.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Woodshedder

    Hope you all got your DECK shorts on yesterday.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. Shorticus, Demigod of Financia
    Shorticus, Demigod of Financia

    Yes.

    • 0
    • 0
    • 0 Deem this to be "Fake News"