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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (20009)11/1/2004 10:45:05 PM
From: Paul Senior  Read Replies (1) of 78659
 
No, Citigroup isn't too big to fail, but as of now, I don't see anything that would cause them to fail. They keep making bad business decisions about which markets or businesses to enter, and they keep getting involved with scammers and shysters, and yet C still keeps earning good money in spite of the fines, write-offs, payoffs, etc. Those profits show that there's a lot of benefit to having a strong global presence in many aspects of banking.
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