Not Buying It - Citibank Profiable???
This is a gasp to bump stock price and avoid de-listing from the NYSE. Even with a 40% jump in stock, at under $2.00 and with major institutional holders requiring shares they hold to be over $5.00 per share, CITI should be dropped from the Dow Jones Industrial Average.
CEO Vikram Pandit has 100 and 1 ways to temporarily manipulate profit and loss figures for one quarter or another and by default he is in the category of public figures where the truth is exactly the opposite of what they claim it to be.
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