Posts Tagged “Citigroup”
Big bank profits are bogus! Massive public deception!
by admin on April 20, 2009
Nation’s banking troubles are many times more severe than the authorities are admitting. Six of America’s Largest Banks at Risk of Failure
Citigroup Stock Costs Less Than Their ATM Fee
by admin on February 28, 2009
Citi was indeed in talks with the US government in a deal which could result in a 40% stake in the failing bank. Today, the deal was finalized and the US government will convert it’s preferred shares into common. Dilution of common shares are expected to be as high as 75%
Gone in 60 Days: Citi and Bank of America Won’t Live to See May
by admin on February 20, 2009
Citigroup (C) and Bank of America (BAC) won’t live to see May. The government will take them over within the next 60 days. The announcement may come as soon as tomorrow evening
Warning: Megabanks Could Fail Despite Federal Aid
by admin on January 26, 2009
Right now, after recent close calls with instant death, these two megabanks are on life support, receiving massive transfusions of government capital. But they’re still hemorrhaging, and no one in Washington has found a cure.
Citigroup scandal engulfs Robert Rubin and Chuck Prince
by admin on December 4, 2008
A new Citigroup scandal is engulfing Robert Rubin and his former disciple Chuck Prince for their roles in an alleged Ponzi-style scheme that’s now choking world banking
Look Out Below – Giant Citi Collapsing Fast
by admin on November 20, 2008
Citibank is (or at least until recently was) the largest bank in the world. Its parent – Citigroup – was the largest financial services companies in the world. Christopher Whalen, head of Institutional Risk Analytics predicts that “Citi will be controlled by the U.S. government by next year, and that the next logical step will be to break up the bank and sell the assets.”
US banks fear $5 trillion balance impact
by admin on June 5, 2008
Accounting changes could force US banks to take thousands of billions of dollars back on to their balance sheets in the coming months in a move that is likely to curb further their lending and could push them into new capital raisings, analysts have warned.
