Citigroup to Cut 11,000 Jobs

Citigroup to Cut 11,000 Jobs

Posted in the Columbus Forum

“animis opibusque parati”

Since: Oct 12

Location hidden

#1 Dec 5, 2012
Whoa...where's Obama with another bailout for one of his favorite banks?
Out of work? Hungry? Eat your hope and change.

http://www.bloomberg.com/news/2012-12-05/citi...

Citigroup Inc.(C) Chief Executive Officer Michael Corbat, who took over the bank in October, is cutting more than 11,000 jobs, scaling back operations in some emerging markets and taking a $1 billion charge this quarter in an effort to drive down costs...
Enzyte Bob

Powell, OH

#2 Dec 5, 2012
That's what happens when you go from 18% GDP to 25% GDP (a 39% increase).
Enzyte Bob

Powell, OH

#3 Dec 5, 2012
^^^ govt spending that is.
Math Monster

Columbus, OH

#4 Dec 5, 2012
Enzyte Bob wrote:
That's what happens when you go from 18% GDP to 25% GDP (a 39% increase).
The increase is actually 0.388888889 percent.
Enzyte Bob

Columbus, OH

#5 Dec 5, 2012
Math Monster wrote:
<quoted text>
The increase is actually 0.388888889 percent.
25% minus 18% equals 7%

7% over 18% equals .38889, which is also expressed as 38.89% or 39%

========

likewise,

.25 minus .18 equals .07

.07 divided by .18 equals .38888889, which is STILL expressed as 38.89% or 39%

You need to go back to the government school you learned math in and try again. Specifically pay attention to the class having to do with decimals.

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