Citi stock is under $1.00 a share.. Perhaps the people with Citi mortgages should just BUY them,

[SoCalDem]

FIRE the CEO-Cannibals, and declare the mortgages null and void..problem solved :evilgrin:

[antigop]

1. HA! I like your thinking. But how many shares outstanding are there? n/t

[RB TexLa]

9. 5.45B

[SoCalDem]

12. let's see.l $1K mortgage payment per month, times X number of mortgagees = ???

stop making mortgage payments, and buy Citi stock :):rofl:

[rug]

13. The government already invested 20B.

[SoCalDem]

15. We sure got no "bargain" at that price, did we?.nt

[Taverner]

2. Or...if an organization were to do that - say an Unemployed Council

And then declare them null and void, bankrupt the company and then sever their ties...

And do this in droves

Instant home ownership among the masses!

[Blue_In_AK]

3. They're holding my mortgage.

I'd be more than happy to declare it null and void. :P

[SoCalDem]

5. They just sold ours

I bet they sold it for a lot less than we owe, too..

[Myrina]

14. Me too!

:hi:

[no limit]

4. Doesn't quite work like that. But you get points for creative thinking ;)

[SoCalDem]

8. gotta think outside the box sometimes

:evilgrin::rofl:

[Cant trust em]

6. Maybe I should trade the sack of apples I just bought

On the other hand, the Citi stock is just about as likely to depreciate.

[Ian David]

7. You need a photo of Bobby performing an "exorcism."

http://www.trendhunter.com/photos/20367

[RB TexLa]

10. 1.03 up 1 cent in after hours

[readmoreoften]

11. I like your thinking.

But with naked short selling, I fear that folks are just selling stocks that don't exist. Without a properly regulated DTCC, we won't know how many shares really exist. On the other hand, forcing them to show that they don't know how many shares exist might cause them to collapse just the same.

[EFerrari]

16. Wouldn't that be FUN? Or even lower the mortgages to the real value.

That would probably be enough for most people. Cannibals is RIGHT.