SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (166419)11/22/2008 9:23:21 PM
From: Lizzie TudorRead Replies (2) | Respond to of 306849
 
well it will be interesting to see what happens to Citi- I was not following citi at all until this weeks implosion... Apparently Paulsons decision just last week to forego the "troubled assets" sale and instead move to equity financing effectively doomed Citi to hell. Citi's current mkt cap is 25 billion which represents *exactly* what they just got from the govt.

Rubin is still on the board at Citi last I looked, hard to believe they would be one allowed to go under but... here we are.

This was a great 2 minute video between henry blodget and aaron task about citi
finance.yahoo.com