Citigroup may need $10B in extra capital

Discussion in 'Wall St. News' started by Daal, May 2, 2009.

  1. Daal


  2. Every weekend same Bearish threads make their way on the boards here.

    Every week they disappear as the mkt goes higher.

    Stop the b.s. idiots.
  3. CET


    It is a given that C needs more capital. At this point it appears 6 of the 19 in the stress test need more capital. It is clear the whimps in the White House will not liquidate any of these like they should, so the rules just keep getting changed so you have dead banks walking. You can bury your head in the sand, but many of these are junk. A few will never recover as investments, because they will be diluted so much to get an acceptable TCE.
  4. market cap 16b. has already sucked up 45 billion of govt money plus wiped out all manners of shareholders. is asking for another 10 billion...for now....

    if this ain't a dead man walking down the isle - what is....
  5. what's another 10B?