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Another crap Board, another crap Chairman, another crap CEO, sure sounds like a winning formula for success !!!!!
Mar 25 06:52 am
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All Comments by al s »Pandit's Letter to Citi Shareholders: Lame [View article]
The past two weeks of common share upticks were a headfake. No doubt C will flow with the market and ride the wave of mark to market changes, etc., but THIS team will never get them back to a $60 a share level. NOT IN A LIGHT YEAR.
Just go into a Citi branch, the few that are left, and compare them to JP Chase, BoA, Wells, Capital One, TD, etc. They look like trailer parks ( with apologies to people who live in trailer parks) .
C is still "hiding" TWO TRILLION of toxic/semi toxic assets on and off their many balance sheets, and they need to come to come clean with these orphans before there is any real hope foe a once great company,