Once known as the biggest bank by assets, one among the big banking giants on earth – Citigroup is now being defied by Wall Street animals and naked shorts. No one would had ever imagined that Citi will be traded close to $3.07 in 2008 from $54 in mid 2006. However, the US congress wont [...]
Posts Tagged ‘Wall Street’
Wild cats defy Citigroup
Posted in Capital Markets, Finance, tagged Citigroup, Credit default Swaps, credit markets, naked shorts, Wall Street on November 22, 2008 | Leave a Comment »
Wild animals at the Wall Street…
Posted in Capital Markets, Finance, New York, tagged Bear Stearn, Capital Markets, Lehman Brothers, US Economy, Wall Street on September 11, 2008 | 1 Comment »
Wall street has wild animals, everyone is looking for fresh flesh, funds flow, in last two weeks – I have seen two of the cases when these wild cats ate up three financial institutions, Freddie and Fannie fell more than 85 % in a day, then Lehman fell more than 45%. Yesterday, I was thinking [...]
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