Congratulations to make profits in bear market

来源: 2008-01-21 14:53:24 [旧帖] [给我悄悄话] 本文已被阅读:

I read Citi's Q3's statement and Q4's statement released on Jan 15. The problem is C does not provide any forecast for the future. Nobody knows how much write-off would be in a quater ahead. Would it turn around? Would it get worse? Citi itself has no clue. Like one of the analyst said after conference call, if its $18 billions, C can easily sell its assets and raise $18 billions to cover the shortfall - protecting shareholder's value w/o cutting dividends.