The Cash on the Sidelines Story

The media has finally discovered the big story that I've been talking about for several weeks--the huge amount of cash sitting on the sidelines: There's more cash available to buy shares than at any time in almost two decades, a sign to some of the most successful investors that equities will rebound after the worst year for U.S. stocks since the Great Depression. continued

by Louis Navellier | 01/05/09

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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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The Cash on the Sidelines Story

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Can Citigroup Be Saved?

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