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To: Man on the moon who wrote (2970)	10/20/2007 11:20:05 AM
From: Kevin Podsiadlik	Respond to of 6370

As far as C goes, I'm deferring to Cramer, who seems to know the players quite well. An excerpt from a column of his on Tuesday: "In my time I have never seen an executive more reviled than [Chuck Prince of Citigroup]. I have never seen a company crushed so quickly as under this man. I have never seen a guy this lucky. He was put in to please Eliot Spitzer and now is in so far over his head that it is sad. Citigroup was actually a good bank and a real rival to Goldman and Morgan and Credit Suisse and Merrill. Now it is a laughingstock. If I hadn't met Robert Rubin and thought him honorable, I would be absolutely and utterly convinced that he doesn't want Citigroup to do as well as his own place. Notice, I am no longer even railing against Prince. He makes too much money and is too oblivious to consider stepping down. He wants to be CEO for life and unless King Bob says enough is enough, I believe Prince will take this bank into a tailspin that will rival the Citi crash of 1990."

To: Man on the moon who wrote (2970)	10/20/2007 10:40:54 PM
From: Tatnic	Respond to of 6370

I think it depends on your time-frame. The chart is horrendous, but you could see a decent snap-back reaction next week. But if you're patient you could eventually see the dividend hit 6%.

To: Man on the moon who wrote (2970)	10/22/2007 12:14:39 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

Not yet. There have been numerous attempts by "activist" hedge funds to the mammouths management that it trims some of its fat but even those demands failed to address the real problems at C. The ongoing liquidation means that those types have given up on C. The stock didnt react when C announced to axe 30k, and it did litte on the fed cuts. UBS did better and held up after admitting losses. Short term C could recover once October is past (and by then the stock should have traded through 40). But if I want a quick trade on the inevitable bounce a highly leveraged entity like CFC is better. Long term I still think GS and JPM are better.

To: Man on the moon who wrote (2970)	11/1/2007 9:55:56 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 6370

man on the moon here is followup While CFC bounced and GS storms ahead, C did break 40 which was not unexpected. Maybe...it was some washout. Then buy Citi. I think the sudden down grade of money centers is a hoot. Not yet. There have been numerous attempts by "activist" hedge funds to the mammouths management that it trims some of its fat but even those demands failed to address the real problems at C. The ongoing liquidation means that those types have given up on C. The stock didnt react when C announced to axe 30k, and it did litte on the fed cuts. UBS did better and held up after admitting losses. Short term C could recover once October is past (and by then the stock should have traded through 40). But if I want a quick trade on the inevitable bounce a highly leveraged entity like CFC is better. Long term I still think GS and JPM are better.