Abu Dhabi Invests $7.5 Billion in Citigroup

Discussion in 'Wall St. News' started by Biog, Nov 26, 2007.

  1. Surdo

    Surdo

    Will I be able to earn CITI AAdvantage miles now on Emirates Airlines?
     
    #21     Nov 26, 2007

  2. What? Aren't banks <i>supposed</i> to borrow funds at 11% interest, in order to lend it back out at 6% to 9%? Sounds like a great business model to me!
     
    #22     Nov 26, 2007
  3. the more i think about it, the more i realize that this is going to backfire on them.

    can you say SOLD!
     
    #23     Nov 26, 2007
  4. cstfx

    cstfx

    Any of you guys out there trading in the 80's? Same shit was being said about the Japanese and look where that got them! Buy US assets high, then sell them back later much cheaper.
     
    #24     Nov 26, 2007
  5. Bartiromo just "achieved".
     
    #25     Nov 26, 2007
  6. Elite Trader goat races, then we slaughter some chickens, and then flog some camels with sticks....

    and earn 11% on Citi paper...what a country
     
    #26     Nov 26, 2007
  7. Now they we can move onto fre, fnm, cfc, wmu, etrade, mbi, abk, pmi, tgic,

    Am I missing any others?
     
    #27     Nov 26, 2007
  8. btw C market cap is 151 bill and they have 134 bill in Level 3

    lotsa luck Abdul....
     
    #28     Nov 26, 2007
  9. S2007S

    S2007S

    C should jump back to 32+
     
    #29     Nov 26, 2007
  10. S2007S

    S2007S

    Feels like the market will forget all about those credit problems...

    maybe for 6.5 hours and then its off to dow 12500...
     
    #30     Nov 26, 2007