Posted on March 10, 2009 by factsnews
Above are the Stock values of Citigroup, Dow Jones, S&P and Nasdaq from Google Finance. You can see how similar Citigroup is faring compared to the other ones. It is following the same trend. This bank is a failure. Many of these large institutions are a failure but continue to be supported by nieve stock investors. [...]
Filed under: Economy, Stock Market | Tagged: Economy, finance, Government, Stock Market | Leave a Comment »
Posted on March 10, 2009 by factsnews
Citigroup’s CEO appeared publically and declared that the company showed a profit in February. Profit? Are you serious? This company was just given 25 BILLION dollars from the US Taxpayers.
Now if I lend you $500, then you find $20 on the ground, would you say that you are profitable? You still owe me $480! You [...]
Filed under: Economy | Tagged: Corporate Media, Economy, Stock Market | Leave a Comment »