CNP
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If you tuned into Bloomberg today, they reported that Citibank...

  1. Damman
    286 Posts.
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    02/01/08
    23:22
    Post #: 3203728
    If you tuned into Bloomberg today, they reported that Citibank is posting $12 billion losses for the december quarter, and bank of america is posting $1 billion losses. Looking at the whole things now, no wonder there is not lenders in USA, they are all posting losses so how can they loan any more money without weakening prices of $US dollar? Looks like it will be down to around 90cent by the end of the week?

    Regards
    CNP Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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