Bravo Gold Corp V.BVG

RE: Very scary future...must read

[EReal]

What surprises me is how Bernanke said the banks will still need more bailouts!

https://www.iht.com/articles/2009/01/14/business/fed.php

Citigroup has already been bailed out twice, now it looks like they will need a third? What type of doodoo have they gotten themselves into now? Is it the derivatives bubble collapsing, or is it that they might now be prevented from foreclosing on houses, because they can't prove they own the houses as collatoral anymore?

https://iamfacingforeclosure.com/blog/2007/11/12/deutsche-bank-foreclosures-tossed-out-of-ohio-federal-court-they-own-nothing/

My neighbour who works for citigroup has said they are worried about running out of money by the 3rd or 4th quarter of this year