Wall Street Manna

An irreverent look at Wall Street

Thursday, December 3, 2009

Geithner on TARP paybacks: There will be more ahead as well


Which means WFC is on deck to pay back the TARP next.

4 Comments:

At December 3, 2009 at 9:46 AM , Anonymous Anonymous said...

Any sense on timing of TARP repayment for Citigroup? There has been lot of institutional buying and multiple upgrades, yet the stock has stagnated for months and options continue to slide.

 
At December 3, 2009 at 11:43 AM , Blogger Palmoni said...

Citi gets $7.5 billion from Abu Dhabi in Mar of 2010 at a price of $31.83 That will help

http://online.wsj.com/article/SB10001424052748704107104574573543348525488.html?mod=WSJ_hps_LEFTWhatsNews

 
At December 3, 2009 at 12:27 PM , Anonymous Anonymous said...

Hey Palmoni,
I got a private investor wanting to sell a portion of her stake in that Colombia co. I am a bit curious to why she'll be willing to do that unless the facts have changed. You have any insight on this? Thanks!

 
At December 3, 2009 at 4:54 PM , Anonymous Anonymous said...

What I mean by stake it's the non traded shares in one of the holding companies. I just found it a bit weird for her wanting to do it unless she's trying to unload.

 

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