C

The Future of Financial Services and the End of Trading-profits Businesses

tmcmh — Wed, 19 Nov 2008 10:42:07 -0500

Financial services, as a sector, has been clobbered. Bankruptcy, forced takeover, government support -- no news here, the situation is dire. Basically, if a firm is associated with subp read more »

Bove’s Sour Bank Call Cautions Recent Gains (BAC, C, FAS)

247Wallst — Tue, 11 Aug 2009 17:34:15 -0400

What happens when a sector loses a key bull, even if it is temporary? Often nothing, but if it is a big enough market pundit then it can have an impact. That is what we are seeing today in read more »

Tell Wells Fargo, Bank of America, JP Morgan, and Citigroup to Go to Hell

mish — Tue, 07 Jul 2009 09:31:41 -0400

As banks and credit unions stop accepting California IOUs, a market for the securities has sprung up on eBay and Craigslist. Not so fast... California Sets Terms on IOUs as Questions Arise . read more »

Citi Not Sleeping

Adam Warner — Wed, 18 Mar 2009 15:04:14 -0400

So here's an incredibly interesting options trade. The June 5 Reverse Conversion has gone ballistic, in the words of a friend. 227,000 puts and 240,000 calls have traded as I type. read more »

Citigroup Four Is This Really A Change?

georgeg — Mon, 16 Mar 2009 13:45:00 -0400

Citigroup (C) announced the upcoming appointment of four new directors. I believe the press release was issued from Citigroup and not a federal regulator of some description. read more »

Who Bears the Burden for a $3 Trillion Mistake?

mish — Mon, 02 Mar 2009 15:43:00 -0500

Citigroup plunged 39% on Friday to $1.50, a price last seen in 1992. The plunge was in response to a Citigroup U.S. read more »

Citigroups Other Shareholders Need Watching

georgeg — Mon, 02 Mar 2009 13:30:00 -0500

Citigroup (C) apparently is now 36% controlled by Uncle Sam. Everyone is singing the blues but no one has an alternative. read more »

Citigroup: Control Gone Long Time Ago

georgeg — Mon, 23 Feb 2009 15:02:00 -0500

Citigroup (C) and other banks in negotiations with the financial cavalry apparently will be giving up voting control and equity positions within the banks that are supported. read more »

Sort Of Nationalizing Citigroup (C)

247Wallst — Mon, 23 Feb 2009 10:34:04 -0500

The Wall Street Journal says that the federal government is in talks to put more capital into Citigroup (C) and may end up owning 40% of the big banks. read more »