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Wednesday, July 15, 2009

Start Buying Citi(C) *****star

S.R.global investments
Perhaps by bringing good bank / bad bank to the firm level, Citi is actually showing leadership. It will take a long time to work out the toxic paper that has been rolled into Citi Holdings, but at least now we know where it is, and there is hope of transparency for both shareholders and the markets.

We hate to admit it, but CEO Pandit may have actually engineered "change we can believe in."
Net profit margin 6.30% -61.45%
Operating margin 9.38% -100.50%
EBITD margin - -
Return on average assets 0.34% -1.57%
Return on average equity -5.32% -36.69%
Employees 309,000

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