finance.yahoo.com - 4/2/2009
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provided by wsjlogo.gif Beaten-Down Shares Hard to Resist; 'My Opportunity to Make Some Money' The old Wall Street adage about the dangers of catching a falling knife doesn't seem to be scaring individual investors away from Citigroup Inc. Some discount-brokerage firms report a surge of ...
bloomberg.com - 3/27/2009
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bloomberg.com —
March 27 (Bloomberg) -- President Barack Obama will
seek support today from executives of the nation’s largest...
banks for his plan to stabilize the financial system and try to get beyond the furor over bailouts and bonuses. The White House meeting at ...
(more)
Obama Seeks JPMorgan, Goldman, Citigroup Support on Bank ...
bloomberg.com - 4/2/2009
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bloomberg.com —
March 31 (Bloomberg) -- Investors should buy put
options on financial companies because derivatives-market trading suggests the...
industry will retreat after a 43 percent surge since March 6, Citigroup Inc. said. “Despite the rally, credit and option ...
(more)
Citigroup Says Buy Bank Puts Because Rally Will Fade ...
bloomberg.com - 4/2/2009
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bloomberg.com —
April 2 (Bloomberg) -- The Financial Accounting Standards
Board , pressured by U.S. lawmakers and financial companies,...
voted to relax fair-value accounting rules that Citigroup Inc. and Wells Fargo & Co. say don’t work when markets are inactive. ...
(more)
FASB Eases Fair-Value Rules Amid Lawmaker Pressure (Update5)
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Who’s Buying?
Bear Mountain Bull —
I always wonder who in the world is jumping in and buying financials like C and BAC when they’re in the low single digits. This article gives us an idea : Some discount-brokerage firms report a surge of individual, or retail, investors buying shares of Citigroup during the past five months, amid the New York bank’s stock-price slide. For some investors, the chance to buy a Dow Jones Industrial Average stock at a low price, and the hope for a quick buck on a rebound, have proved too tempting to refuse.“We’re speculators, and that can be really risky, but it’s worth it to take a ...
Retail Traders Bet On Citigroup Recovery
Economic Discourse —
... of the individual investors who “try to catch a falling knife”. According to the article, a number of discount brokerage firms say that they noticed a substantial increase in the number of individual and retail investors buying shares of Citi. The article mentions very clearly, that this happened over the last five months, so we decided to break out the chart and see where the surge in public buying actually began. Here is the chart, and a bit more on the subject from the Wall Street Journal. ...
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Citigroup
krugman.blogs.nytimes.com 11/24/2008 — Mark Thoma has the rundown of informed reactions. A bailout was necessary - but this bailout is an outrage: a lousy deal for the taxpayers, no accountability for management, and just to make things perfect, quite possibly inadequate, so that Citi will ...
Citigroup - Somebody Please Say "Game Over"
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Credit Risk Rises on Citigroup Breakup Speculation
globaleconomicanalysis.blogspot.com 11/21/2008 — I have been saying for over a year that Citigroup would not survive in one piece. That option is looking increasingly likely as the Citigroup Board Weigh Options . Citigroup Inc.'s board meets today to discuss the bank's options after Chief Executive ...
Citi on Its Way to Breakup?
nakedcapitalism.com 1/12/2009 — The Wall Street Journal tonight says, " Citigroup Takes First Step Toward Breakup ." But what does that mean, exactly? Or had the Journal gone a bit far with the notion that the bank is doing some way, way overdue housecleaning? The eye-popping bit ...
Citigroup Bailout Raises Viability Questions For Entire Banking System
globaleconomicanalysis.blogspot.com 11/25/2008 — Still more details are emerging from the weekend bailout of Citigroup . And in what is no surprise in this corner, it appears Citigroup is not well capitalized and Faces Pressure to Slim Down . The government rescue of Citigroup Inc. reversed the ...
Can Citigroup Carry Its Own Weight?
nytimes.com 25 days ago — 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 ...
WSJ: Citigroup, U.S. Near Agreement on Bad Assets
calculatedrisk.blogspot.com 11/23/2008 — UPDATE2: CNBC reports: Government Now Said To Have Cold Feet From the WSJ: Citigroup, U.S. in Talks to Create 'Bad Bank' Citigroup Inc. is nearing agreement with U.S. government officials to create a structure that would house some of the financial ...
U.S. Agrees to Raise Its Stake in Citigroup
nytimes.com 2/27/2009 — In its most daring bid yet to stabilize Citigroup , one of the nation’s largest and most troubled financial institutions, the Treasury Department announced on Friday that it would vastly increase its ownership of the struggling company. After two ...
Saudi Prince Is Humbled by Citigroup
dealbook.blogs.nytimes.com 3/12/2009 — The stunning collapse of Citigroup's share price has hurt investors worldwide. But few reputations have suffered as severe a blow as that of Prince Walid bin Talal, who owns about 4 percent of the company.
The Case for More Union Power —
The Big Money 4/3/2009
It was surreal, last month, to see Citigroup organizing the business community against the Employee Free Choice Act , a bill that would make it easier for workers to join unions by forcing employers to recognize a union after a majority of workers ...
The Five Stocks To Watch —
The Big Money 4/6/2009
Want to know where the market is headed? 24/7 Wall St. 's Douglas A. McIntyre says earnings from five companies--Target, Citigroup, Dow Chemical, Google and Microsoft--could serve as indicators of the market's momentum:
The assumption is that ...
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