They must have paid Mayo off with a nice "consulting" fee, because you would have to be nuts to think that C, with forward earnings of about $5/shr, is worth more than $50/shr.
And with; "hold the mayo" aka "sell in Mayo go awayo" time coming, bonobonomics about as successful as the guy who said 'let's use hydrogen in the Hindenburg', and this being an uncertain election year, it's probably going lower for the next quarter or two.
He recruited 150 of his friends and associates to create a new chapter of the K^3 in Sophia, West Virginia.
According to him, a Klan official told him, "You have a talent for leadership,.. The country needs young men like you in the leadership of the nation." he later recalled, "Suddenly lights flashed in my mind! Someone important had recognized my abilities! I was only 23 or 24 years old, and the thought of a political career had never really hit me. But strike me that night, it did." He became a recruiter and leader of his K^3 chapter. When it came time to elect the Exalted Cyclops, he won unanimously.
He wrote to fellow segregationist Mississippi Senator,.. I shall never fight in the armed forces with a negro by my side ... Rather I should die a thousand times, and see Old Glory trampled in the dirt never to rise again, than to see this beloved land of ours become degraded by race mongrels, a throwback to the blackest specimen from the wilds.
He also wrote a letter to a K^3 Grand Wizard stating, "The Klan is needed today as never before, and I am anxious to see its rebirth here in West Virginia and in every state in the nation."
Who was he?
He was Democrat Senator Robert Carlyle Byrd from West Virginia. Byrd served as a U.S. Representative from 1953 until 1959 and as a U.S. Senator from 1959 to 2010. He was the longest-serving K^3 Senator and, at the time of his death, the longest-serving K^3 member in the history of the United States Congress.
bonobo was against gay marriage (actually like most blacks still is) until his handlers had an epiphany and realized he needed the 5% of the population gay vote to have any hope of winning with his abhorrent first term record record in 2012.
bonobo encourages young people going into politics to: "be sure to avoid being thought against gay marriage. Don't get that albatross around your neck. Truth inhibits getting elected. Always lie. White PC tard crackers fall for it every time.
Yes, that's on the top of Warren Buffett's pro list when scrutinizing businesses for investment purposes, fraud.
I never said 1 million, but even if I did, you don't disagree that all other statements and conclusions are fact. Good enough for me.
If it's such a successful law, why has bonobo exempted himself, congress, gvt workers, union workers, etc and then repealed 3/4ths of it for everyone but the middle class? And then to top it off, in the most incompetent administration of a law since the fall of the USSR, cause 8 million people who had healthcare to lose their policies.
It was supposed to insure 30 million. The tards call mission accomplished when 7 million just visit the inoperable website.
Is that how you welfare state tard's define success?
I'm unsurprisingly amused to see the insanity of socialism fail once again. You guys need to come up with something new. You keep getting the same failed results.
It's called multitasking in a digital world solarboy, but....
That's the clueless "I put all of my money in C waiting for it to go back to its all time split adjusted high" bagholder calling the guy who knows C's financials are the worst of the big banks making a killing in energy and real estate black.
Building the XL pipeline would create jobs. People with jobs buy homes. People who buy homes get mortgages. C makes money by offering home loans.
Everything bonobo and you wards of the welfare state tards do to destroy the US economy has to do with C.
Why did jesus carry his own cross to be crucified? He should have told the Romans to "feck off! (like he did the tax collectors) I'm not carrying this heavy axe cross just to be crucified."
What could the Romans do? Crucify him?
"WASHINGTON (Reuters) - The latest delay to a final decision on the Keystone XL oil pipeline will reinforce a White House strategy to energize President Barack Obama's liberal-leaning base before fall elections in which Democrats risk losing control of the U.S. Senate.
Environmentalists, worried about the project's effect on climate change, have put enormous pressure on the president to reject the pipeline from Canada's oil sands, staging demonstrations outside the White House and protests in states where he travels."
A. There's a million miles of pipeline all over the world. Not a single one has steered the the earth on a collision course with the sun.
ll. Al Gore's promise 10 years or so ago that the seas were going to rise 20 ft by now and engulf our sunny beaches has yet to move up an inch. In fact the ice caps were bigger this year than they've been in 50 years.
(Remember the ice breaker with a boat load of tards on the mission to measure the ice caps getting stuck in the ice? And then the second ice breaker sent to get the first one out got stuck too? And the first one left the second stuck in the ice?)
Some tard please explain how this pipeline, which were it not going to otherwise be shipped to China, could carry fuel to help warm Americans during these ever colder winters, would cause global warming.
3. The global warming mantra these days is the tards have "measured temperatures" since the automobile was invented and publish as fact that average temperatures have been rising steadily for the last 100 or so years. They even have charts showing it and CO2 rising from 1900 up to the present.
Small problem,... if they've been measuring these temperatures, CO2, etc so accurately and they've been rising steadily over the last 100 years, why did they conclude for a decade or two in the 70's that we were in danger of falling into an ice age? Why hasn't Al Gore's 25,000 sf CO2 spewing mansion sunk into the sea?
Oh god it was brutal. Pure hell to watch. More like the "Worst Movie Ever Made". Booooooring. The acting was horrendous and the story line was just too far fetched. I guess like science fiction, but with rocks, burros, desert landscapes and I guess the easter bunny, although I'm not sure how that fits in.
You'd think something entitled "The Greatest Story Ever Told" would be based on true events, like "Rob Roy" or "Braveheart" maybe "Gladiator" .
Now "Braveheart" was a great story. It's a much greater story ever told than "The Greatest Story Ever Told" would ever be any day of the week and twice on Sunday.
I guess it would be the "The Greater Greatest Story Ever Told". Or "The Greatest Greatest Story Ever Told".
Consumer banking makes up 50% of C's revenues. C spinning off consumer banking is as likely as McDonald's spinning off its hamburger division from its french fries and soft drinks divisions. They may as well just spin off the whole company.
On the other hand, if C were to spin off C Holding, I'm sure there would be someone out there willing to pay $50 billion for what C claims is $100 billion worth of greasy assets.
The claimed $59 notional value of C's derivatives is suspect, since the total value loans being serviced by the top 7 banks according to the OCC report is $4.2 trillion. The total asset value of the USA is under $200 trillion. The notional value may be the $1.2 trillion mentioned as the derivatives sold'
Most of C's derivatives, the revenues and asset values of which are listed in "other" revenues and other "assets" are securitizations in CDO's and CLO's and obviously hedge protection for the long term loans to home owners in interest rates swaps.
Regardless, you don't need to try to confuse bagholders with terms and reports they have no clue of. Just look at revenue and earnings history and projections.
And I guess you could throw in the fact, according to C's 1st qtr 10Q, that loans delinquent by 90 days are up 14% yoy. And therefore why they sell them, or securitize them as one bagholder her disappointedly discovered when he announced "C sold my loan".
There's one loan jr level tranche securities investors won't have to worry about losing money on. Leaving bagholders one infinitesimal reason to celebrate.
Now just another $100 billion or so non-marked to market toxic assets to go in C Holdings.
Would you like fries with that?
You'll have to throw in a buck of your own with your C divy to get the full fool happy meal.
And John Harwood the CNBC white house irrespondent...... nothing but a bonobo apologist. Down is up, wrong is right, bonobocare big success, bonobo didn't lie, he said if you liked your plan AND it met bonobocare guidelines, yada yada yada. He also had a scandalous affair with some tard congress woman (while he was married) who dumped him and he was stalking her or something. Then he begged and cried to a reporter who was going to out him to stop him. Just a real piece of tard puke.
Since then the sloth of American society have figured out they could vote themselves a tax payer funded life of slothitude. If you create and environment where roaches can mulitply, they will.
In 2008 the demosloth party conjured up images of a return to the Gingrich/Clinton era of the late 90's under bonobo to win the election. They amplified the stuff they claimed was the bad part of the Bush era -deficits, debt,... 4 fold.
The saw the sloth state under bonobo and said "this is good". They thrived and multiplied.
In 2012 the demosloths conjured up images that a return to the Gingrich/Clinton era the republicans called for was a bad thing. The sloth said "this is bad" and they thrived and multiplied.
We now have a country full of cockroaches, not to mention out of the closetcocksuckers.
"whatever money they dont payout to share holders goes to the bottomline,"
All earnings announcements are ex-dividend, so for reporting purposes, they don't impact the reported "bottomline", the earnings per share, the PE ratio (which is the driver for normal stock prices), etc.
C could pay out 100% of a $1.00/shr earnings qtr in dividends and it would still report $1.00/shr for the qtr.
They do impact retained earnings, assets, capital ratios, etc on the balance sheet, but most C bagholders don't know what a balance sheet is.
And with C's report today, boosted only by an unexpected less loss from C Holdings, C is on track to match last years earnings of about $4.50/shr. Which means it's a $45 stock or more than fairy priced now.
C would have to increase revenue and profits by over 20% to meet 2015 projections of $5.70. It ain't happening. C is a $50 stock at best.
Maybe you're being sarcastic, but the Fed doesn't report C's earnings.
What is ironic is the C failed it's stress test because in effect the Fed C was not capable of estimating revenues and earnings with any credibility.
This would be consistent with docholliday's, I would say accurate, comments above.
C's reports are like Al Gore's man made global warming alchemy, based on convenient lies and inconvenient truths.
Based on his ideology, I expected his policies to make matters worse, while based on his ideology, he expected his policies to make matters better.
Measured against any and all of his promised results, his perspective, we got the former.
Yes it depends on perspective and definition.
I shouldn't have to run through the long list.
His successes are failures for all other Americans,... including blacks.