C is in trouble

I Thought it was the other way around
Gs was buying c
or GS was asking C to buy it -?
The way GS stock is trading look,s like there have a skeleton to come out from the closet

 

anything they created would be called a "merger" but C is 2x the market cap. so you be the judge.

 

Thanks for the insightful thread.
It came as a shock to me that C is in trouble! Any other banks in trouble that I should have to worry?

 

they got $25b in pref on the first tarp injection. if they run into trouble they might get another $25b. If they have a deposit run the FDIC might just guarantee all their current deposits. the big names are unbankruptable now with the tarp

 

So do we touch $5, or does it bounce to $10?

 

If the auto industry doesnt get the bailout C is dropping to $5 very quick.

 

Does anyone know what price the shares have to get to for C to be declared/technically insolvent?

 

I've got my buy order in. Stop limit is zero.

 

Trades like it is insolvent...