Pls remember two things from the latest qoarterly results,(1) write-offs of $ 12 billions cover the entire spectrum of citi's business, not just subprime book;(2) the revenue was down 50%.
So the questions about the future price are (1) how will economic slowdown affect the future revenue?,(2)Where will citi find the sources of increased earning with a declining asset base?
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Pls remember two things from the latest qoarterly results,(1) write-offs of $ 12 billions cover the entire spectrum of citi's business, not just subprime book;(2) the revenue was down 50%.
Apr 21 22:01 pm
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So the questions about the future price are (1) how will economic slowdown affect the future revenue?,(2)Where will citi find the sources of increased earning with a declining asset base?