Friday, January 25, 2008

Derivatives & Dilution..............

The next big shoe to drop in America's quagmire of greed will probably be in the clearing of derivatives trades.

If you are a regulator Citi would be the likely place to look first.

Isn't anyone out there complaining about the $37,000,000,000 of American financial companies that foreigners have bought recently? Common shareholders don't seem to complain about their dilution anymore, what's up with that?

Maybe they should take a lesson from Mr. Real Estate himself, Sam Zell on how not to get diluted.

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