Your Questions About Citigroup, Merrill Lynch And More


Question #1: Sarah from Massachusetts asks about U.S. banks, such as Citigroup (C) and Merrill Lynch (MER), who are trying to increase revenue by expanding into Asian markets? She wonders what are the implications for U.S. markets?

Guy Adami says the implications are for companies that don’t expand into Asia because wealth management in foreign countries is becoming big business. He loves Merrill, but not Citigroup right here, although he thinks C will be in play, later.

Question #2: Michael from California asks Eric Bolling what he thinks about “taking the Amaranth trade and shorting the summer and fall against long winter natural gas?”

Eric Bolling says the return of Brian Hunter, the Amaranth Hedge Fund Manager has increased natural gas spreads. But he doesn’t expect Hunter will make the same mistakes that cost him $6 billion last time. Lightning rarely strikes twice.

Question #3: Jackie "The Jokeman" Martling from New York calls the guys. He wants to know what will likely happen to Sirius Satellite Radio (SIRI) stock and XM Satellite Radio (XMSR) stock if the proposed merger is approved?

Jeff Macke says it’s a big “if.” He doesn’t like XMSR, however he adds “SIRI is a deal at this level if they can get through the FCC minefield.”


Questions? Comments?

Trader disclosure:
On May 2, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders;Strazzini Owns (C), (MPEL), (MER), (NWS-A) Bolling Owns (MPEL), Bolling Owns Natural Gas Futures
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