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globaleconomicanalysis.blogspot.com - 10/25/2009
Citigroup's "Hail Mary Pass": How To Know Citigroup Is In Serious Trouble
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Citigroup is in serious trouble. It's easy to tell by what they are doing. Inquiring minds note that Citi Abruptly Shutting Down Gas-Linked Credit Cards . Citi (C) is abruptly shutting down credit cards linked to gas station partners. The bank is offering few details: The bank said in a ...
Can Citigroup Carry Its Own Weight?
nytimes.com - 11/1/2009
Can Citigroup Carry Its Own Weight?
— nytimes.com — OVER the past 80 years, the United States government has engineered not one, not two, not three,... but at least four rescues of the institution now known as Citigroup . In previous instances, the bank came back from the crisis and prospered. Will ... (more) Can Citigroup Carry Its Own Weight?

Comments vote down Economist's View found this 11/1/2009found this
ft.com - 10/19/2009
Citigroup might lose Mexican subsidiary
— ft.com — Published: October 18 2009 20:02 | Last updated: October 19 2009 00:42 Mexico’s Supreme Court is this... week set to probe a case that could potentially force Citigroup , the troubled US bank, to sell its profitable and highly prized Mexican subsidiary. ... (more) Citigroup might lose Mexican subsidiary

Comments vote down FT Alphaville found this 10/19/2009found this
baselinescenario.com - 10/19/2009
Where Else Are You Going to Go?
— baselinescenario.com — Yves Smith returned from book-writing land to catch up on the Andrew Hall story , which is... one that I pretty much decided to ignore from the beginning. Hall is the Citigroup trader who, according to his compensation agreement, was due a $100 million bonus. The bonus was so big because Hall and ... (more) Where Else Are You Going to Go?

Comments vote down jamesykwak jamesykwak posted 10/19/2009posted this

Blog Reactions

naked capitalism:  Links 10/25/09

Abnormal Returns:  Sunday links: your own time horizon

FT Alphaville:  Further reading

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Links 10/25/09
naked capitalism — Midway (hat tip reader Scott via Andrew Sullivan). The photos are very disturbing. You must see them. Gene therapy transforms eyesight of 12 born with rare defect Los Angeles Times (hat tip DoctoRx) Citigroup’s “Hail Mary Pass”: How To Know Citigroup Is In Serious Trouble Michael Shedlock UK households ‘lost 13pc of wealth in one year’ Telegraph Public must learn to ‘tolerate the inequality’ of bonuses, says Goldman Sachs vice-chairman Guardian. In case you missed this ...

Sunday links: your own time horizon
Abnormal Returns — ...   (Marketwatch) Now is a good time for a stock replacement strategy.  (Barron’s) Who won (collectively) over the past ten years:  Vanguard investors or Fidelity investors?  (Morningstar) TheStreet.com (TSCM) is a mess.  (Zero Hedge) Why is Citigroup (C) pulling out all the revenue stops?  (Mish) Joe Nocera, “Goldman makes its money ...

Further reading
FT Alphaville — ... - The smartest boys in the alley, early derivatives on the London stock market. - Investing with Harvard economists . - The rise and fall of oil production . - International oil data gaps. - Matt Drudge vs the dollar. - “The largest sub-prime lender in the world is now the Canadian government .” - Russian banks count pigs and lingerie as collateral. - Anecdotes on reckless lending at WaMu. - “Citigroup is in serious trouble . It’s easy to tell by what they are doing.” - Glass Steagall on steroids. ...

Unregulated Credit Card Rates Are Breaking Down Consumers
Minyanville — Emails regarding Citigroup's Hail Mary Pass : How to Know Citigroup is in Serious Trouble are pouring in. Here s one from "HG" who writes: Hey Mish, We have a seven-figure net worth, no mortgage debt (we do own our own home), pay credit debt in full each month, and have credit scores of 726 and 702, respectively. We are 56 and 53 years old. Just got the Citi 29.99 credit card rate increase notice. It's not limited to those who carry a balance, like the folks who carry $25,000 in debt. Needless to say, I'm cutting it up on principle, but not closing it so that ...

Related: citi hail mary
How The Citi-Grinch Stole Christmas (and Why It's a Good Thing) — Mish's Global Economic Trend Analysis
Emails are pouring in over Citigroup's "Hail Mary Pass": How To Know Citigroup Is In Serious Trouble . Here is one from "HG" who writes Hey Mish, We have a 7 figure net worth, no mortgage debt (we do own our own home), pay credit debt in full each month, and have credit scores of 726 and 702 ...