Author Topic: Why would anyone use Citibank?  (Read 4377 times)

K Frame

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Re: Why would anyone use Citibank?
« Reply #25 on: March 01, 2009, 10:07:01 AM »
I'm praying Citi won't be totally nationalized...

I've got a bunch of money tied up in stock with them, and I'd prefer not to lose my entire investment.
Carbon Monoxide, sucking the life out of idiots, 'tards, and fools since man tamed fire.

Headless Thompson Gunner

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Re: Why would anyone use Citibank?
« Reply #26 on: March 01, 2009, 02:15:32 PM »
I'm considering buying some Citi stock.  It's so cheap you can't really lose anything on it unless they fold complete, and it's clear that FedGov isn't going to let that happen.

Manedwolf

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Re: Why would anyone use Citibank?
« Reply #27 on: March 01, 2009, 02:16:54 PM »
I'm considering buying some Citi stock.  It's so cheap you can't really lose anything on it unless they fold complete, and it's clear that FedGov isn't going to let that happen.

If they even declare bankruptcy, common stock holders are the absolute last in line.

Headless Thompson Gunner

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Re: Why would anyone use Citibank?
« Reply #28 on: March 01, 2009, 02:23:58 PM »
Do you think FedGov is going to let them go bankrupt while owning 36% of their common stock?