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User 208427 » Comments » C

  • Parson's Portfolio: Citi Chair Has Little Skin in the Game [View article]
    duh...he has been there only a few months.

    Is he supposed to sell everything he owns at a huge loss to invest???

    Stupid article. Reminds me why I don't generally read SA any longer.
    Aug 12 11:39 am |Rating: +2 -2 |Link to Comment
  • Bottoming Stocks - Cramer's Stop Trading! (7/31/08) [View article]
    Cramer needs to be more clear...Fidelity MAGELLAN dumped Citi, not all of FMR. Big difference.
    Aug 01 12:19 pm |Rating: 0 0 |Link to Comment
  • On Banking Executives and Risk [View article]
    Good article. The reason there are such golden parachutes is that boards are made up of other CEO's and they reason "there but for the grace of God go I".
    Aug 01 12:17 pm |Rating: 0 0 |Link to Comment
  • How Much Credit Is Too Much? Where AmEx Went Wrong [View article]
    Would really question the COF lines. Worked there and this does not even remotely match what I saw.

    BTW, Cards is a business within WFC and C. And not a very large part as well. Don't confuse Citi's card standing relative to other issues with the size internally.

    Finally, I am not sure you can summarize AMEX's line size this way since they issue both charge cards with no "credit line" (though they do have a guideline) and credit cards with hard limits.
    Aug 01 11:28 am |Rating: 0 0 |Link to Comment
  • American Express Calls Investment Banks' Bluff [View article]
    The article overlooks the vital business charge card expenditures (due at end of month) that is Amex's bread and butter. There are significant cut back there, as well as in the expenditures in the retail side of the business, again where most of the charges are due at the end of the month (eg, not revolving).
    Jul 25 12:18 pm |Rating: 0 0 |Link to Comment
  • Citi, Merrill, WaMu: Death Spiral Financing [View article]
    where's the disclosure???
    Jul 24 13:41 pm |Rating: 0 0 |Link to Comment
  • The Hapless Members of Citi’s ELKS Club [View article]
    clearly 1 data point is a huge trend!!! Sorry, but I advocate personal responsibility.
    Jul 22 12:32 pm |Rating: 0 0 |Link to Comment
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