Can Citigroup Stock Rebound?
Posted in the Banking Forum
#1 Feb 1, 2014
My answer to a question asked by Wall Street is not very likely: Readt this - With shares of Citigroup (NYSE:C) trading around $47, is C an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Lets analyze the stock with the relevant sections of our CHEAT SHEET investing framework...
The Point: Its unlawful and illegal practices in the past (since 2011) needs to be fully resolved..The hundredss of millions of dollars (USD) committed via a lobbyist in Oahu, Hawaii to influence the Federal Judge(s) resulting their judicial Misconducts in Court are being revisited by the House Judiciary Committee and Comptroller of the Currency..
In time, Eric Holder of the Justice Dept. may get involved...
The year of 2014 looks pretty bleak and down-trodden for Citibank... Without coming clean and free of those allegations inlcuding to give a super expensive watch to Ben Bernanke, the retired Fed Chief for the purpose to thwart and to
endanger the legal system in America, the only path for Citibank is Down, Down and Down!!! There are implicit testimonies from lawyers and the posting of one David Cheever on Banking Forum/ topix to show proof!
I psoted a comment to Wall Street Cheat Sheet's article on Yahoo News and on Facebook as well..
So, investors will learn to stay away from a dishonest banker like Citibank..And some Defendants at Citibank could even stay behind bars!!! For Ben Bernanke is now a private citizen starting today...Thank God!!!
#2 Feb 2, 2014
#3 Feb 3, 2014
Yes, serious mortgage frauds since 2011 will cause Citigroup more than Chase and BOA.....And some Defendants at Citibank could even stay behind bars!!!
#4 Feb 8, 2014
DOJ will use Chase settlement as a template, to bring more mortgage fraud cases against the largest banks in early 2014, next is Citigroup .
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