Citi's Chutzpah Takes a Bite out of Apple

Includes: AAPL, C
by: Paul Kedrosky

What temerity these Citi (NYSE:C) people had in scheduling a conference call around a dividend cut, layoffs, and $18.1-billion write-down on the same day as an Apple (NASDAQ:AAPL) CEO Steve Jobs keynote. Don't they know that new toys from Apple trump the collapse of the U.S. finance services system? Yeesh.