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Citigroup Inc. Message Board

  • houtue houtue Sep 16, 2009 12:20 PM Flag

    I get it now...Yesterday was ploy

    by C. C wants govt concessions, Govt says no. C makes stock dive, govt loses money on its C shares. Govt sees error of its ways and helps C. Just a hunch.

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    • No, you're probably on to something. The Feds are going to maximize their position beyond their current $11+ billion position...and they will not force the issue of a repayment (redemption depending on your viewpoint) from C. The Feds can wait for another year or two for that money, especially since they will soon have new sources of revenue available when they re-write the tax code.

 
C
51.82-0.23(-0.44%)Sep 30 4:00 PMEDT

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