citivet

10 Comments

    • Should Citi Cut Its Dividend? [view article]
      ecklebob....did you ever hear of Elaine Garzarelli....if not you're too young to understand that like the stock market analysts have their good runs and their lousey runs........and that also applies to Ms. Whitney who has every right to make her calls....what's appalling is all the lemmings who are willing to follow her blindly because she made 1 (ONE) really good and prescient call.
      Signed: Chump for Citi       May 29 09:50 AM
    • Citi's Dreadful Succession Planning [view article]
      Forgot to include on other item from above...I disagree with Mr. Salmon quite strongly on Mr. Pandits performance to date. He has done a wonderful job and is deflating this behemoth and righting it's course slowly but surely. folks, Citigroup is a LARGE aircraft carrier...not a PT boat!....Instant expectations by the Street (yes that's US and people like Salmon) create pressure on CEOs to perform for the near term while disregarding what is in the best interests of the company LONGTERM. Mr. Pandit is taking a longterm view AND executing according to that view. May 24 09:54 AM
    • Citi's Dreadful Succession Planning [view article]
      On the previous comment by Crane..those have been my thoughts also ..precisely...and I'll second them.....but with regard to Mr. Reed...had he succeeded as the sole Chairman/CEO instead of Mr. Weil I do believe you would have seen an effective succession plan and there would never have been the compliance mess that Sandy's people from Travelers created. Then there would have been no need for Mr. Prince to have to tackle that mess and succeed as CEO. (PS Let's give him credit for cleaning up a horrible compliance AND legal mess....and roast him for not realizing that he should retire or hire a CEO after that mess was cleaned up.) I have sympathy for Mr. Prince once in a while in those few moments when I stop crying over my losing half of my holings value under his "stewardship"... Such is life!.


      May 24 09:47 AM
    • Is Meredith Whitney Right About Citigroup? [view article]
      With all the naysayers out there I'm glad I'm long on Citi....I was long and bought more back in the early 90's when everyone predicted its FAILURE...not breakup... even with my gains cut in half with the recent turmoil the stock is still up 1000% from that time. You need patience and stamna (and yes a little luck as was Whitney...right place..right time..right move but with prescient and patient foresight.)
      May 20 09:32 AM
    • Citi's Pandit Skewered [view article]
      Dear Mr. salmon,
      Will you kinkdy publish something of value and not this rediculous entertainment....you really should be taken off alpha.

      ChumpforCiti       May 18 08:46 AM
    • Why Citi Can't Be a Global Universal Bank [view article]
      Corossis is right on...universal is not a geographic concept but a paradigm of "selling" funds via managing risk and having an in-house source of funds to sell/lend. Detche bank isn't everywhere and even Felix admits it's a or close to a universal banking model.

      May 13 07:57 AM
    • Vikram Pandit, 'COO' of Citigroup [view article]
      For Bearfund,

      First,I would ask you to be respectful of those others commenting young man!

      Secondly, look to Citi to be one of the great investment stories in the coming two years and those who invested in the call options of 1 and 2 years out will be lauded as prescient (that means forward-looking) bunch of investors on the street.
      Now be nice bear...this is a conversation...so let's be CIVIL.

      ChumpforCITI       May 07 08:20 AM
    • Citigroup is Raising Capital: Big Surprise [view article]
      What's there to comment about ..this is nothing but an emotional article...combination of anger, hubris , and self-serving prognostications.

      UGH.
      Ed
      Williamsburg, VA       May 01 10:25 AM
    • John Reed on Citigroup: A Decade Long Disaster [view article]
      I think we will see Mr.Pandit do more spinning off than Mr. Brown suggests. He is a clear thinker...like Mr. Reed and will execute....it takes a while to turn an aircraft carrier around.

      In the meantime all (us) shareholders should voice their displeasure with the current board members who were on watch while this debacle unfolded. I suggest you all vote against ANY board member who was on the board prior to 2006 (and that includes Mr. Rubin)..Comments?       Apr 06 09:09 AM
    • Meredith Whitney's Out on a Limb With This Citi Bashing [view article]
      WE need more people (Mr Davis has) to talk to the positives of this once wonderful corporation......Ms Whitney was correct once or twice....but that doesn't mean she's perfect....even Joe Dimaggio had his hitting streak stopped.

      If you want to DO something about Citi (at least those of you who own shares) is to vote those who served on the board before 2006 OUT (that includes high paid former Secretary Rubin). Shareholders need to send a message that being on the board of any corporation is NOT and old boys' and girls' club but a fiduciary responsibility of major magnitude.

      I welcome you comments and responses.

      Cassandra       Mar 31 08:35 AM
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