Comments on: Citigroup Stock Drama: Capitalist Conspiracy or Pursuit of Profits? http://moneymorning.com/2009/04/21/citigroup-stock-2/ Global Investment News Mon, 13 Feb 2012 18:41:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: The Newest Ruse: Banks Capitalizing on “Toxic Assets” to Book Puffed-Up Profits http://moneymorning.com/2009/04/21/citigroup-stock-2/comment-page-1/#comment-6279 The Newest Ruse: Banks Capitalizing on “Toxic Assets” to Book Puffed-Up Profits Tue, 02 Jun 2009 14:38:31 +0000 http://www.moneymorning.com/?p=6989#comment-6279 [...] Remember the infamous leaked Vikram S. Pandit memo we wrote to you about awhile back that suddenly saw Citigroup Inc. (NYSE: C) turn a profit on nothing more than vapors? [...] [...] Remember the infamous leaked Vikram S. Pandit memo we wrote to you about awhile back that suddenly saw Citigroup Inc. (NYSE: C) turn a profit on nothing more than vapors? [...]

]]> By: XXX-XX-XXXX http://moneymorning.com/2009/04/21/citigroup-stock-2/comment-page-1/#comment-6278 XXX-XX-XXXX Sun, 26 Apr 2009 19:01:52 +0000 http://www.moneymorning.com/?p=6989#comment-6278 Whatever happend result is known - regular people/taxpayers/stockholders will loose money. Start thinking from this point. Whatever happend result is known – regular people/taxpayers/stockholders will loose money. Start thinking from this point.

]]> By: dale http://moneymorning.com/2009/04/21/citigroup-stock-2/comment-page-1/#comment-6275 dale Tue, 21 Apr 2009 17:53:11 +0000 http://www.moneymorning.com/?p=6989#comment-6275 So still not really clear about what you think is going to happen to the citi common share value in the coming days? Will the big money sell the newly converted stock straight away or hold? What do you think will happen to the common stock price? Thank you for any clarity/opinion you can provide So still not really clear about what you think is going to happen to the citi common share value in the coming days? Will the big money sell the newly converted stock straight away or hold? What do you think will happen to the common stock price? Thank you for any clarity/opinion you can provide

]]> By: Logic http://moneymorning.com/2009/04/21/citigroup-stock-2/comment-page-1/#comment-6276 Logic Tue, 21 Apr 2009 14:53:21 +0000 http://www.moneymorning.com/?p=6989#comment-6276 A simpler explanation is that the numbers are so obviously cooked that they've burnt any gullibility most sheeple had left? Then there's the old adage "buy the rumor, sell the news". Lastly the massive suckers' rally so far during an ongoing bear market and nascent depression that promises to get much worse. Simple. A simpler explanation is that the numbers are so obviously cooked that they've burnt any gullibility most sheeple had left?

Then there's the old adage "buy the rumor, sell the news".

Lastly the massive suckers' rally so far during an ongoing bear market and nascent depression that promises to get much worse.

Simple.

]]> By: Ralph http://moneymorning.com/2009/04/21/citigroup-stock-2/comment-page-1/#comment-6277 Ralph Tue, 21 Apr 2009 14:28:22 +0000 http://www.moneymorning.com/?p=6989#comment-6277 Nice update. The government may be throwing good money after bad with Citi. t is also unclear as to the additional benefits taxpayers would receive by converting the preferreds. It may be more prudent to (i) keep the preferred shares, and (ii) lower the coupon payment (assuming this is "the financial burden" referred to in the article). In exchange for a lower coupon rate, why not request a lower strike price to convert the preferreds? In legal parlance, this is known as "quid pro quo" or "this for that". Under a bankruptcy scenario, taxpayers would then have a higher claim on Citi's assets than common shareholders. If a group of inner city kids can figure it out then I know adults can. To learn more go to http://www.newyorkshockexchange.com/content/view/78/37/ Nice update. The government may be throwing good money after bad with Citi. t is also unclear as to the additional benefits taxpayers would receive by converting the preferreds. It may be more prudent to (i) keep the preferred shares, and (ii) lower the coupon payment (assuming this is "the financial burden" referred to in the article). In exchange for a lower coupon rate, why not request a lower strike price to convert the preferreds? In legal parlance, this is known as "quid pro quo" or "this for that". Under a bankruptcy scenario, taxpayers would then have a higher claim on Citi's assets than common shareholders. If a group of inner city kids can figure it out then I know adults can. To learn more go to http://www.newyorkshockexchange.com/content/view/78/37/

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