Tag: citigroup

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Vikram Pandit: Costs will come down $2.5-3 billion

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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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 […]

Goldman, Citigroup CDOs Were Tip of Iceberg

Goldman, Citigroup CDOs Were Tip of Iceberg

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 – AUD plummets […]

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One Goldman Sachs Conspiracy Theory Put To Rest

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 is […]