…Bloomberg TV’s Erik Schatzker speaks to Citigroup CEO Vikram Pandit from the World Economic Forum in Davos, Switzerland. Pandit talked about Citi’s strategy and said that costs will come down at the firm between $2.5 and $3 billion this year.
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Financial News with emphasis on Value Investing, Hedge Funds and Asset Managers
Posts Tagged ‘ citigroup ’
Vikram Pandit: Costs will come down $2.5-3 billion
Whitney Tilson is Bullish on Citi
From Whitney Tilson:…
Goldman and Citi (both major holdings of ours) reported earnings last week and the contrast between the two couldn’t have been more stark. Goldman, as usual, was ahead of its peers in recognizing the slowdown across most
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Goldman, Citigroup CDOs Were Tip of Iceberg
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The complex mortgage instruments at the center of the 2008 financial crisis went so spectacularly wrong that many observers have said they were designed to fail. A new paper by Oliver Faltin-Traeger of the investment firm Blackrock and Christopher Mayer
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This is a Good One!! 2012 Outlook & Predictions
By kelpieCapital
2012 Outlook/Predictions
Summary
“Forecasts tell you little about the future but a lot about the forecaster” Warren Buffett
Global Recession
DM Equities Down at least 10% for the Year
ECB Rate Cuts
Income Worship
Australia Loses it’s Shine …
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Holiday Special! $50 off Job Search from Top Hedge Fund and Private Equity Investors
Imagine having executives on call to help you land a top job.They could identify target employers, polish your presentation, provide inside tips and tricks on applying and networking and prepare you for interviews. Now you can with Blue Chip …
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One Goldman Sachs Conspiracy Theory Put To Rest
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Approximately two months ago Hank Greenberg( former CEO of AIG) came out with some nasty comments regarding Goldman Sachs. I was immediately inspired to write an article on Seeking Alpha about the hypocrisy of Hank Greenberg attacking Goldman Sachs(the article
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Tepper’s Appaloosa Buys Four Airline Stocks, Adds to Citigroup(from Bloomberg)
…David Tepper, the money manager with one of last year’s top-performing hedge funds, bought four U.S. airline stocks and raised his Citigroup Inc. stake by 73 percent in the fourth quarter, a regulatory filing shows.
His Appaloosa Management LP’s holdings
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