Be very mindful of government's newly minted "eminent domain" powers!

If you were one of the many of us who thought that government's "eminent domain" powers only applied to real property - I have some bad news to report- as it turns out, our government can now condemn your intangible property as well, including all of your rights as a shareholder, including "fair disclosure", "equitable" compensation etc! Heh? What are you talking about, one might ask? continued

by Vad Yazvinski | 01/22/09 | Stocks: BAC, JPM, MER, WFC,

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	Can Citigroup Be Saved? Citigroup Inc. (C) announced that it is making plans to planning to increase the number of its common shares outstanding and execute a reverse stock split as part of its effort to convert preferred shares to common shares. Citi is seeking to exchange about $27.5 billion in public and private preferred securities as part of its agreement with the Treasury Department, which has pledged to match up to $25 billion of the conversions. This deal represents the government's third attempt... continue

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Be very mindful of government's newly minted "eminent domain" powers!

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Can Citigroup Be Saved?

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