well, my worst fears are realized, and we get the news as posted at 11:30, someone else clearly knew in advance.
Individual investors have been treated like bagholders for so long now, the SEC and the entire financial svcs community seems to delite in screwing us.
I see that C has exercised restraint in their conservative bonuses to their top guys at Smith Barney, giving them bonuses based on some metric.
I'm sure that return on investment for their customers was not a metric that mattered to them, screw the little guy. If I had money there, I would pull it today. It would frost the s--t out of me that brokers were getting even more, while customers were losing their shirts.