The stock trends for heading a bankruptcy. Wondering anyone reads the company's financial statement - if it would be another Lucent: from $84 to $0.48 in two years.
The company said it owns $250 billion mortgage debts. If 50% of the $250 loan goes unpaid, Citi would have to file for bankruptcy.
Will Citigroup be the next Enron or World Com or Lucent?
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Well I don't see it will die though it's hurt badly.
-Czar-
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01/18/2008 postreply
17:31:01
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5 brokage firms rated Citi "Strong Sell" at $24 per share
-xyz2001-
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01/18/2008 postreply
18:22:27
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What I can say? I warned you all. Next strong sell, BOA.
-山高月小-
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01/18/2008 postreply
18:39:03
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别耸人听闻了,
-dividend_growth-
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01/18/2008 postreply
19:00:54
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Continental Illinois Bank crushed in 1984
-xyz2001-
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01/19/2008 postreply
09:37:01