This is not a 90 billion dollar company and rising morons. Now that they are out from under the tarp they won't last another year or two. The wanted out so they can scam you morons the same way the CIT investors were scammed. Now that they are out of tarp they are back in the same boat they were before with the government not helping them next time. The government got out and you morons are getting in. What losers. The only reason the government agreed to get out was because this bank is a lost cause. Nice goin inflating the market cap back up again morons. You are owners of a 90 billion dollar piece of crap toxic asset bank.
"Now that they are out of tarp they are back in the same boat they were before with the government not helping them next time. The government got out.."
Nonsense. The fed is helping C and other banks repair their balance sheets by keeping cost of capital low, almost zero. The spread on deposit assets are enormous---follow the cash pile up in the Q4 report in 2 weeks. C will earn its way out of the hole.
I ran into the same suckers on the CIT board. They got screwed over too. This bank is too big to succeed and the government got out to let it die it's own death without taking down tax payers. Citibank will be in bankruptcy. Citibank might emerge from BK but this stock will be worthless.