Should Alan Schwartz Be Citigroup's Next CEO? [View article]
You're onto the right church, but the wrong pew! Goldman must buy or merge with Citi and then we'll have the premier financial institution in the world and the shareholders will quickly regain all that has been lost over the past decade and then some. Pray for this marriage made in heaven to take place soon.
Jim Rogers on Investment Bank Bail Outs and the Federal Reserve [View article]
In your rogue's gallery of financial morons you left out the biggest phony of them all, Robert Rubin. He took home $160+ million while running Citi into the ground. Of course, he was busy lunching with Chuck Prince at Four Seasons, giving economic advice to Congress and raising money for Hillary!
Dick Bove: Buy Banks, Avoid Brokers [View article]
Mr. Bove not only said late last year that Citi would not cut their dividend, but they would increase it in 2008 as a sign of strength. He has been recommending purchase of Citi since it was in the mid-thirties. I suspect his bearishness on Dimon's purchase of BSC will prove to be equally wrong. I should think that if Citi isn't substantially higher by mid or late year, Mr. Bove's career will be over, or, at least, deserve to be over.
Should Alan Schwartz Be Citigroup's Next CEO? [View article]
Jim Rogers on Investment Bank Bail Outs and the Federal Reserve [View article]
Dick Bove: Buy Banks, Avoid Brokers [View article]