BamBam

Tom Brown’s School Days

You have deliberately taken the man out of context.

His point, I believe, was that Citi's leadership and balance sheet problems would likely preclude it from making any large acquisitions, even if the regulators did permit it.

The subsequent financing arrangement to patch up those balance sheet problems in no way contradicts that assertion.

Tom Brown's Financial Services Picks

As usual, Barron's muddled the message on the Citi breakup.

Mr. Brown estimates that a breakup would boost the share price by about 30% over today's price (of 49 and change).

www.bankstocks.com/art...;id=9880936