'Heads will roll' at Citi after Fed rejects its capital plan...
Posted in the Banking Forum
#1 Mar 27, 2014
Read this: The Fed nixed Citigroup's (C) plan to raise its dividend and increase its stock buyback which would have provided compensation for shareholders whose stock has underperformed. In the past year Citigroup shares have gained just 13% while J.P. Morgan (JPM) shares were up more than 25% and Bank of America (BAC) stock gained just over 40%. This was the second time the Fed has rejected a Citigroup capital plan.
David Nelson, chief strategist at Belpointe, a wealth management firm, says Citigroup's failing grade is "qualitative." The Fed looked at Citi and "thought they don't have the people in place to handle a downturn," he says. That's code for weak risk management.
Let me remind David Cheever of Oahu, Hawaii: Are you safe???
Since: Jul 11
#2 Mar 29, 2014
Am I safe?
Let me think..........
Yes. I am safe.
Now, the next question is to you.
Are you insane?
My answer is: Yes he is. Your honor.
#3 Mar 29, 2014
You are locked in a Safe!!!
Add your comments below
|To Lay Off All Those Fed Employees Sitting On T...||3 hr||To Avoid Shutdown||1|
|David Cheever Guided Robert Fishy + Lori DavidS...||8 hr||Moran Cheever||3|
|The Coin Dreamers Can Cry But Not Able To Sell ...||8 hr||King of Coins||5|
|To Sell 35 Million Cars A Year in China and Sub...||8 hr||Squatter Cheever||5|
|The World Needs To Respect The Smart Minds and ...||Thu||Han Ban Lee||1|
|It Is The End of 2012 Fishy Report for David Ch...||Thu||Ghost Cheever||3|
|China Will Align with Europe, Asia and US To Ad...||Thu||Dumb Cheever||3|
Find what you want!
Search Banking Forum Now
Copyright © 2017 Topix LLC