Lee Eugene Munson

Citigroup: Too Big to Fail or Succeed

I don't feel there is a material difference between the c-p or c-m. The yields are similar and they are both non-cumulative. I would trade either one. You can also play them against each other if they get too far out of wack in terms of current yield.
Thanks for the comment!!!!!


On Dec 17 12:15 PM maryanne wrote:

> Hi,
> exactly my sentiment too, thanks for excellent article. I had C
> for over 15 years, exited in yesterday's rally. Now reinvest in
> C-M. Question, why C-P instead of C-M? It seems higher yielding
> series keep the value better. Otherwise not much diffference % wise.
> All bank holdings are preferred only (C, BAC, WFC, USB) U.S. doing
> a lot better than Europeans (RBS, DTT, CRP, BCS)