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Citigroup Inc. Message Board

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  • loftyroe loftyroe Oct 25, 2008 2:20 PM Flag

    enough of the politics !!!

    You think gov't rescue is going to make investors rich! It hopes to just keep these companies functional. Citi's size is its own worst enemy. C has billions more to write off before it struggles with more massive credit card default exposure than any other company.Unemployment and inflation will drive that, not the government. Why in the world would anyone buy into that??? C will have to test single digits before it starts any semblance of growth. That may be years!

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