Financial gurus: Why did Sarkozy show up in the US so suddenly after

[malaise]

he was there over the summer? Was his visit connected to the global financial crisis? A new poster named TruthSleuth posted this on a thread about the state of emergency in Georgia (odd). I don't have a clue if this is a credible source but I read it in its entirety.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=2234492&mesg_id=2234544

Is this complete madness or should I take my pension money like now. I'm really scared given the Citibank and Morgan Stanley mess.

[Sanity Claws]

1. Like a good French poodle, he responded to a silent whistle.

[malaise]

2. LOL

but this is a serious question.

[papau]

3. With the dollar nearing 3rd world status, he wanted to shop for Xmas? n/t

[notadmblnd]

4. I read it too and it's astounding

I wish there was some credible source that could confirm it.

[malaise]

6. The most frightening part is that every bank mentioned is

in trouble. Astounding is a mild word if any of this is credible.

[notadmblnd]

8. believe it or not.. I had trouble with what word to use there

astounding is not all I could come up with, but it's the one I settled for.

[malaise]

9. LOL

:hi:

[dipsydoodle]

5. I think it a show of solidarity

with Blur gone he's the new "French" Poodle.

[malaise]

7. We had a fun French poodle thread here last night

but this morning I'm really worried.

[berni_mccoy]

10. As weird as that post was, there is something seriously going wrong with Citibank

http://seekingalpha.com/article/53374-citibank-s-rapidly-deteriorating-situation

It appears they have written off 10's if not 100's of BILLIONS of dollars in forgiven loans to investors who buy their stock. That's certainly a big problem.

[malaise]

11. Morgan Stanley as well

That's why I'm so scared.

[berni_mccoy]

12. If you have any investments with either, I'd consider moving them elsewhere

[malaise]

13. My pension fund is in England spread across

several institutions. Thankfully I switched to Euros shortly after they were introduced, but if any of the institutions are affected by this global banking crisis, the currency won't matter.

[SoCalDem]

15. Too bad ordinary folks can't just "write off" their debts and bail

out with millions hanging from their golden parachutes :grr:

[Fredda Weinberg]

14. Before WW II, Germans learned that currency can lack value n/t