You are getting real old with your attacks on Citigroup. Pick another bank to Dr Doom. Maybe HSBC. Both of you should go abroad and attack Citi where you can do more damage and leave this auduence some peace from your daily doom.
Isn't it true the FDIC doesn't insure overseas deposits. The majority of Citigroup's deposits are outside the United States are they not ? If so, How can the FDIC nationalize or close C ? Tearing up Washington Mutual is one thing, tearing up Citigroup wouldn't seem warranted because of their global footprint. Sounds like a lawsuit if the FDIC tries. You seem well versed on Citigroup, usually with negative blogs. C has an American charter but if they meet FDIC requirements for insured deposits it seems like they should go on.
Annals of Deckchair Reorganization, Citigroup Asia Edition [View article]
I'd like an article on Citi selling its mature German retail banking and expanding its operations in Brazil. "Citi never sleeps" and still is in Germany though some made it seem they had sold out.
Annals of Deckchair Reorganization, Citigroup Asia Edition [View article]
Citigroup needs to remain the only American global bank....Period The Broker Banks are just that, really brokers. J.P Morgan Chase is close to a true global bank. Bank of America & Wells Fargo and all the other banks are American national banks , often listed as regionals. Citigroup is a special Bank and I'd hate to see a shortsighted tearing apart of it.
The Great GSE Meltdown: Market Adding Fuel to Fire? [View article]
I'm tired of all the whine. Fannie & Freddie will be back stopped by Congress, as its their job, if needed. The Bush administration will follow Congressional orders ( legislation ). Screaming from the stands is just noise. I advise small steps into a Citigroup position. I just wish CMB was still around for my bank investing in turbulent times amid cries of insolvency. Chase never let me down through Reagan or Bush.
The Current Market Atmosphere: Easy Money Hard to Come by [View article]
Bush has brought us two recessions and two bear markets. The President is always to blame or gets the glory. I long for the prosperity of the Clinton era.
Banking Sector Continues to Trend Lower [View article]
Without banks there can be no economy. Its that simple. Long Term I like Citigroup because it is America's international bank along with J.P. Morgan - Chase Manhatten. Those two are it along with the investment banks - brokers. For a national bank Wells Fargo or even Bank of America will be solid.
Garzarelli was a brief star for Shearson Lehman Brothers back in the 80's. Citigroup has already cut its dividend, and I for one don't want a complete elimination.
Citigroup Questions [View article]
A Look at Citi's Trust Preferreds [View article]
Annals of Deckchair Reorganization, Citigroup Asia Edition [View article]
Annals of Deckchair Reorganization, Citigroup Asia Edition [View article]
The Broker Banks are just that, really brokers. J.P Morgan Chase is close to a true global bank. Bank of America & Wells Fargo and all the other banks are American national banks , often listed as regionals. Citigroup is a special Bank and I'd hate to see a shortsighted tearing apart of it.
The Great GSE Meltdown: Market Adding Fuel to Fire? [View article]
The Current Market Atmosphere: Easy Money Hard to Come by [View article]
Banking Sector Continues to Trend Lower [View article]
Should Citi Cut Its Dividend? [View article]
Citigroup has already cut its dividend, and I for one don't want a complete elimination.