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Citi and JP Morgan getting money for Foreign companies ???

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annm4peace Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-15-08 10:52 PM
Original message
Citi and JP Morgan getting money for Foreign companies ???
What was Hillary and Russert talking about?
Money was coming from an Arab Sheik ?

I hadn't heard about that before ?
Anyone know of that? Their discussion went to fast for me to write it down
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rurallib Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-15-08 11:03 PM
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1. Surprise
Geez now that those dollars are worth pennies and the Saudis and Chinese have billions and billions of them, guess it is time to buy American (companies)
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-15-08 11:10 PM
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2. Merrill Lynch, NOT JPM

Dimon got JP Morgan out before most of the losses could stick. They are actually buying right now, over 4 billion euros of mortgage business from Northern Rock.
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