WE HIT BULLS EYE ON TREASURY BAILOUT PLAN,SELL BCS, WATCH UBS AND RBS FOR SALE, OTHER SHORTS AND ARBITRAGE OPPORTUNITITIES
We hit bulls eye by informing you before it was generally known that the bailouut will not cover non US institutions and providing you with the oppotunity to exit BCS position with over 30% profit in three days.
Following is the text of the Treasury plan:
September 20, 2008, 1:05 pm
Treasury’s Financial-Bailout Proposal to Congress
The following is the legislative proposal from Treasury Department for authority to buy mortgage-related assets:
Section 1. Short Title.
This Act may be cited as ____________________.
Sec. 2. Purchases of Mortgage-Related Assets.
(a) Authority to Purchase.’“The Secretary is authorized to purchase, and to make and fund commitments to purchase, on such terms and conditions as determined by the Secretary, mortgage-related assets from any financial institution having its headquarters in the United States.… Please click here or the title below to read more.