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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Qualified Opinion who wrote (93746)11/4/2007 9:16:25 PM
From: saveslivesbydayRead Replies (1) | Respond to of 306849
 
Citi ... expects ..... that its capital ratios .... by the end of the second quarter of 2008

And we're supposed to be reassured by this?

Let me try my interpretation: "given the staggering sub-prime related losses we have discovered and have yet to reveal, it would simply be over the top to cut the dividend at this time - but such a cut will likely be coming soon."



To: Qualified Opinion who wrote (93746)11/4/2007 9:26:25 PM
From: ChanceIsRead Replies (3) | Respond to of 306849
 
Don't you mean Countrywide???? Countrywide will be profitable next quarter. They said so.



To: Qualified Opinion who wrote (93746)11/4/2007 9:34:30 PM
From: CalculatedRiskRead Replies (3) | Respond to of 306849
 
ROFLOL. That was the funniest part of the press release. At least Citi has a sense of humor.


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