Citigroup - $295.2B
Citigroup - $295.2B
2008-10-16 Q3 Report: Citigroup reported Q3 results and they were the same for the fourth straight time. Another loss! Write-Downs/Charge-Offs: $83.3B + $14.2B = $83.3B Cash Raised: = $36B + 25B= $61B Level III Assets = $?? Loan Loss Reserves = $2.5B + $3.9B + previous > $6.1B The Misery Index is > $295.2B <> 2008-07-16 The Graduate: Just like a petulant school girl changing boyfriends every weekend, Wachovia is now pushing Citi out and welcoming Wells Fargo as the new
Training Session on the Spanish Bank Bailout Plan
Keynes, however, once semi-seriously proposed, as an anti-deflationary measure, that the government fill bottles with currency and bury them in mine shafts to be dug up by the public.Ben Bernanke, Deflation: Making Sure “It” Doesn’t Happen Here Many of the macro-economic fundamentals of Spain today are very different from those of ten or fifteen years ago………..A lot of factors look better this time around. Compared to its history, Spain has low interest rates, low unemployment and a strong
Bankruptcy and Debt Carnival 7
Bankruptcy and Debt Carnival 7 Monday, October 20, 2008 Welcome To The 7th Bankruptcy & Debt Carnival! October 20th, 2008! *Get your submissions in EARLY for Next WEEK*SPECIAL: We are hosting 2 carnivals today. Our bankruptcy and debt carnival (this post) and we are hosting the Carnival of Debt reduction too! Welcome to the October 20, 2008 edition of carnival of bankruptcy and debt management: Let’s begin with some general topics: General AndrewB presents: A Home Bas