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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (74251)	11/17/2006 10:10:38 AM
From: forceOfHabit	Respond to of 110194

ild, As I understand he diversified. He exchanged citi stock for shares in a big mutual fund. Is that really very different from divesting? Partly I suppose it depends on what % of the mutual fund holdings are in citi stock (after adding in their new stake). Also, I doubt he has any reporting requirements if he now divests himself of his mutual fund stake. All in all, I say it counts as an insider sale. foh