Cesar Valencia

Citi's Underwhelming Bailout

After the initial pop in the stock price, the right move will be to reshort C. You can always bet against government intervention and its effects on the long run. I'm not short C or will be but this is just ridiculous. If you are an investor you are in the business of making money, not cheering. If you believe in capitalism, you take capital away from bad institutions and give it to the good ones. All these banks had "great" paper earnings and now are suffering REAL losses. They took a shot at something and they failed, just like every effort to try and keep their stock price above 0.