Honestly though...didn't pandit say that Citi had its best quarter since 2007? Couldn't they have just posted a smaller loss than in Q1 2008? They lost like 5 bn in Q1 and more since then.
So what do you do?
-I work for an investment banking firm.
Oh okay; you are like my brother, he works for Edward Jones.
-No, a college degree is required in my profession
MMBinNC, I believe Pandit said that C was PROFITABLE for the first time since Q307. Granted, this is probably Vik stretching the truth a bit, but he did claim the bank has been profitable thus far in '09.
Meredith Whitney did come out and say she's not sure how they manipulated their numbers at Citi to come up with a profit but good for them. Lets see what happens after March 31.... Vik accounting isn't exactly GAAP accounting...
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Same, we had a monster day.
But I bet tomorrow won't look so great.
I doubt any bank went down. Tomorrow on the other hand is a different story
http://finviz.com/map.ashx
Citi's looking pretty good right about now, huh?
(joke)
So what do you do? -I work for an investment banking firm. Oh okay; you are like my brother, he works for Edward Jones. -No, a college degree is required in my profession
Yeah one up day and everything is ok. Are you fuckin retarded?
Relax. I don't think the OP was trying to say everything is OK. I think you have trouble with your reading comprehension.
MMBinNC, I believe Pandit said that C was PROFITABLE for the first time since Q307. Granted, this is probably Vik stretching the truth a bit, but he did claim the bank has been profitable thus far in '09.
London, you haven't even started your SA stint yet so this is hardly YOUR bank, count yourself lucky if you have a position come June (at your bank).
its one day... are you fucking retarded... its over
someone pass the special reservce
Meredith Whitney did come out and say she's not sure how they manipulated their numbers at Citi to come up with a profit but good for them. Lets see what happens after March 31.... Vik accounting isn't exactly GAAP accounting...
sucker rally
Yeah I wonder if that Citi profit includes the one time gains from the sale of all of their subsidiaries and the smith barney partial sale.
Monty, Makers Mark all the way bitch.
citi's looking pretty good if you picked up some june calls when she was touching $1!
It's still up.
Thanks to Jamie Dimon
My bank's up again. How about your bank?
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