15 December 2009

Who owns BAC and C on a day when you wouldn't want to own 'em

A bad day for C owners (above) and BAC owners (below). Of course there's John Paulson but also Appaloosa doubling down on bad big banks. It must hurt. BAC down 3% C down 4%. Friend of mine complained about holding his C past the 20% point. Don't you think Paulson is stil buying?

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