Does anyone want to offer some analysis (or even opinion) about why I should consider buying C? I have read some commentary the past couple of weeks recommending C as good investment, but I didn't bookmark anything so I don't where these comments might have been. I don't understand how a bank that appears to be undercapitalized (if you believe the stress tests) and is losing many billions quarter after quarter from operations can have any prospects other than selling off assets until it goes out of business.
The topic of this research paper and its conclusions are intuitively obvious. I got a better feel about compensation in the finance sector from your earlier article and from an article in the Atlantic Monthly by Simon Johnson. On the other hand, this paper was published well before the other two, so maybe this work has guided the intuition.
Very interesting article and discussion (comments). I liked Tom Armistead's labelling this type of analysis as a "reality test for the stress tests".
There seems to be a vocal group advocating for some structural changes in the financial system. What are some of the change options? This is something for which I would like to see some specific options discussed.
A Tale of Two Banking Worlds [View article]
Anybody want to enlighten me?
Are Financiers Overpaid? [View article]
Thanks for reporting on this.
Can the Banks Work It Out? [View article]
There seems to be a vocal group advocating for some structural changes in the financial system. What are some of the change options? This is something for which I would like to see some specific options discussed.