Big clients will not want to be linked to a company under criminal investigation so will seek others to do business with.
Citigroup, you would think would be at the top of the list because the government is so heavily involved and making sure that C is squeaky clean.
The rumors make sense and could become fact. Citigroup may be a huge beneficiary of Goldman's troubles.
You are right on the money. If I had millions of dollars invested through GS, I would be moving it to a reputable bank. GS has shown that it will pump something to its clients and then short it. Dirtbags. C will benefit from GS's greed.
As a respectable company would you want to be a client of the most hated company in the world right now, being sued by their own government?
Wouldn't you more likely pick citigroup a company owned and guided by the US government?
This is a rumor that makes alot of common sense.
ahahahha, idiots... this will not take any market share, this investigation will prohibit C from doing dirty things..and they only can make money doing that....C is going down hard