Tag: Citigroup (C)

Are Bank Executives In Trouble?

| April 28, 2011 | 0 Comments

You know what’s amazing? It’s been almost three years since the peak of the 2008 Financial Crisis… and no banking executives have served any time in jail.  Not one.  And it doesn’t seem like any real punishment is forthcoming. Keep in mind, these guys are a big part of why the US saw the worst […]

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The Easy Money Trade – 70% With Only Two Trades

| August 28, 2009 | 0 Comments

Back in 2001, everyone on Wall Street was struggling.  I was an investment banker in San Francisco at the time.  The tech market had just crashed and it was ugly.  Investors lost billions; High profile CEOs were being “perp walked” off to jail; Industry leading companies (remember Enron?) were caught committing fraud; and more were […]

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New Changes To The Dow, Should You Care?

| June 8, 2009 | 0 Comments

Today, two icons of American business are being removed from the Dow Jones Industrial Average.  Thanks for playing, General Motors (GM) and Citigroup (C).  Hello, Travelers (TRV) and Cisco Systems (CSCO). Once upon a time, GM and Citi were titans of their industries.  They’ve been reduced to wards of the state (or federal government).  GM […]

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