Michael L

Citigroup Is Heading into the Single Digits

C in single digits. Yep.

And it may need some additional bailout money when it becomes clear that housing defaults are just the start of our troubles. Remember all those vacations and flat-screens consumers put on their credit cards? Well, it's time for them to pay up...with money they don't have. C's business model was to offer plastic to every guy living under a bridge...well, it's time for C to pay up for its folly.