Streetwalker's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/175802/comments http://seekingalpha.com/article/176137/comments?source=feed#comment-794688 794688 Mon, 07 Dec 2009 14:48:27 -0500 http://seekingalpha.com/article/160007/comments?source=feed#comment-663235 663235
1. Though the common shares of Citigroup is now not created equal because the government has stepped in, the market just does not care about this and will treat them equally. All the shares should have the same market value, and market does not care who will absorb the losses , and by how much. That being said, the common equity value calculated, which is to be used to get share price, should not only have had the losses taken out which have been absorbed or are to be possibly absorbed by Citigroup - of course, this should be no problem if the first $39.5 billion loss would also be the last loss, but this is very unlikely given current market conditions. And the shares you used I think are total shares, not shares owned by shareholders as opposed to government.

2. In your worst case scenario, the total asset pool can't be used to get the maximum loss that Citigoup will be capaple of absorbing, because normally debt holders will not participate in the process of writing down assets.

Still, I appreciated the great enthusiasm and curiosity about stock market shown by you as a new grad. Hope to meet you often here. ]]> Sat, 05 Sep 2009 13:43:49 -0400
1. Though the common shares of Citigroup is now not created equal because the government has stepped in, the market just does not care about this and will treat them equally. All the shares should have the same market value, and market does not care who will absorb the losses , and by how much. That being said, the common equity value calculated, which is to be used to get share price, should not only have had the losses taken out which have been absorbed or are to be possibly absorbed by Citigroup - of course, this should be no problem if the first $39.5 billion loss would also be the last loss, but this is very unlikely given current market conditions. And the shares you used I think are total shares, not shares owned by shareholders as opposed to government.

2. In your worst case scenario, the total asset pool can't be used to get the maximum loss that Citigoup will be capaple of absorbing, because normally debt holders will not participate in the process of writing down assets.

Still, I appreciated the great enthusiasm and curiosity about stock market shown by you as a new grad. Hope to meet you often here. ]]> http://seekingalpha.com/article/157655/comments?source=feed#comment-641908 641908 Sun, 23 Aug 2009 12:49:41 -0400 http://seekingalpha.com/article/90590/comments?source=feed#comment-228955 228955 Tue, 12 Aug 2008 19:18:14 -0400 http://seekingalpha.com/article/70705/comments?source=feed#comment-147906 147906 Wed, 09 Apr 2008 17:43:15 -0400 http://seekingalpha.com/article/70705/comments?source=feed#comment-147899 147899 Wed, 09 Apr 2008 17:36:18 -0400 http://seekingalpha.com/article/70530/comments?source=feed#comment-147887 147887 Wed, 09 Apr 2008 17:16:32 -0400