What kind of idiot purchases a pulp mill in Oregon and then closes it down permanently. Especially since it is grandfathered with EPA and state. If it ever reopened it will be prohibitive to bring up to current rules.
The street article: “Michael Corbat, Citigroup CEO, and John Gersbach, CFO, do not have this credibility ... they are always attempting to sell a positive story and they ignore key negative issues when they speak. It is my feeling that they will never give a straight answer to a question because they are always seeking to put a positive spin on everything that they say. This tends to destroy credibility. The best example of this was watching the stock price crumble as they told of their great successes in operating the company during their conference call last Friday.”