rman

Citigroup Stake Hurts Lampert Short-Term

banks are highly leveraged and this is what drives earnings. the most trivial analysis would yield an earnings per share of no more than $2 per share going forward for Citigroup. never confuse inflation with earnings - as inflation becomes a bigger problem, banks will suffer, but that is based on analysis and not praying some smart guy did the work for you and you can follow him.

Citigroup Stake Hurts Lampert Short-Term

banks are highly leveraged and this is what drives earnings. the most trivial analysis would yield an earnings per share of no more than $2 per share going forward for Citigroup. never confuse inflation with earnings - as inflation becomes a bigger problem, banks will suffer, but that is based on analysis and not praying some smart guy did the work for you and you can follow him.