Tag: citigroup
Citigroup Creator Says Break Up The Big Banks
The banking industry was sucker punched late last week by an unlikely assailant. Former Citigroup Chairman and CEO, Sanford “Sandy” Weill, appeared on CNBC’s Squawk Box and called for breaking up America’s big banks. Here’s what he said… “What we should probably do is go and split up investment banking from banking. Have banks be […]
Financial Stocks – The Catch To Investing In Financial Stocks
Just the other day I was standing at a bank. I was there for some simple paperwork… and to open a new account. As I sat in the lobby, I was amazed at the number of people streaming in and out of the branch. I quickly realized, despite the horrible economic environment, people still need […]
Will The Bank Stocks Soar?
We all remember what happened the last time Treasury Secretary Geithner presented a bailout plan for the banks. The Dow plunged 380 points. It was a brutal, month long, downtrend to decade old lows. Before it was all over, the blue chip index had come within spitting distance of 6,500 and lost 21% of its […]
Are Your Assets Safe At The Banks?
It’s starting to happen. Slowly the government’s nationalizing the banks. They don’t want to admit it to the investing public… but slowly they’re taking control of each big institution. Citigroup’s (C) a perfect example. First they gave them $25 billion to “increase lending.” Now the preferred stock is being converted into shares. This effectively makes […]
Is This Hedge Fund Strategy For You?
As you may remember from my articles last week, every year I take a ski trip. My skiing buddies are a group of well connected investment bankers, CEOs, and venture capitalists. Two years ago we were in Vail. Last year it was Telluride. This year, Aspen. After four days in the mountains, I was happy […]
How Traders Made A Fortune From Citigroup’s Collapse
Are you staring at your stock portfolio wondering what to do? Ever wish for a simple signal that you should buy a stock? Are you confused about when to sell an investment? If so, you’re not alone. What you’re seeking is the holy grail of stock investing. While no system’s perfect, I like to use […]
