All the bad news from Router and Market watch are old. Stock prices was up 54 cents on last Friday. Why? Credit card losses are not only Citigroup. All banks stock price are reflected the value which included credit card problem. I would say C will OK on Monday. If C down, all banks stock will not good cause they all merry with credit card.
But not all banks have the same magnitude of problems. The weaker are giving up market share. Although the Government struggles to get them functional, it doesnt mean they will be lucrative for a long time. Citi, at best will be a fraction of its former self. Like they say, they dont want the cheese anymore....they just want to get out of the trap.