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
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.
Seriously, stop talking unAmerican and spreading rumors. Everyone knows Citi will be at least $200 by the end of the year.
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!
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?