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Non-Tech : Bill Wexler's Trading Cabana

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To: RockyBalboa who wrote (3044)11/1/2007 9:21:36 AM
From: The Reaper  Read Replies (1) of 6370
 
Speaking of dividends....

Citigroup is indicated much lower on the opening. Chickens are coming home to roost. They may need to cut the dividend to get their capital up. So much for buying the bank stocks for their extraordinary dividend yields. Don't know how many times I've heard that in the last 2 months.
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