Citibank needs to learn from W. Buffe...

Citibank needs to learn from W. Buffet...

Posted in the Banking Forum

A Justday

Dunkirk, NY

#1 Oct 4, 2013
Do the honest and profitable deeds like W. Buffet: Buffett backed Mars’s $23 billion purchase of the chewing gum maker in October 2008 with the debt financing and an agreement to take a $2.1 billion stake in the Wrigley division. Closely held Mars joins Goldman Sachs Group Inc., General Electric Co.(GE) and Swiss Re Ltd. in repaying Berkshire for investments made during periods when Buffett was able to charge historically high interest rates...

Make the money legally!!

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