CitiBank going under----

Discussion in 'Wall St. News' started by NY_HOOD, Jan 12, 2009.

  1. Thank you very much, good intel.
     
    #11     Jan 12, 2009
  2. Bad month for Indians?

    [​IMG]
    Nice bling
     
    #12     Jan 12, 2009
  3. lrm21

    lrm21

    Careful spreading rumors is illegal

    Citi is well capitalized and it's only down because of unamerican rumour mongers like yourself

    This whole thing is the fault of misinformartion and evil speculators

    No doubt the part of the TARP (350 billion) will be used to up our stake by 2%

    My smith barney broker tells me Citi will be @ 140 by end of year
     
    #13     Jan 12, 2009
  4. lol
     
    #14     Jan 12, 2009
  5. Dow 15000!!!

    Party Hats On!!!!
     
    #15     Jan 12, 2009
  6. Stocks go down for good reasons. Citi is not well capitalized and they had to sell Smith Barney division to raise cash. They lost at least $1B in 4Q. "My smith barney broker tells me Citi will be @ 140 by end of year".......please don't talk unamerican rumour and misinformation shit now.
     
    #16     Jan 12, 2009
  7. Seriously, stop talking unAmerican and spreading rumors.

    Everyone knows Citi will be at least $200 by the end of the year.
     
    #17     Jan 13, 2009
  8. Citi may be well capitalized but it is with taxpayer dollars. That makes the equity value ZERO!
     
    #18     Jan 13, 2009
  9. The price action should scare the shit out of everyone.

    This bank has $300 billion in toxic assets backed by the government. Things at Citi must be far worse!
     
    #19     Jan 13, 2009
  10. mokwit

    mokwit

    President Bush has already told us that "our financial institutions are strong".

    Don't you believe your glorious leaders? Do you think they would lie to you for their own self serving agenda?
     
    #20     Jan 13, 2009