The Citi that never sleeps (on spin) NO PROFIT

[politicallore]

Source: Political Lore

" “Based on historical revenue and expense rates, Citi's projected earnings before taxes and one-time charges would be about $8.3 billion for the full quarter.” (emphasis added)"

Read more: http://www.politicallore.com/economy/the-citi-that-never-sleeps-on-spin/606

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Read the whole thing... It is bad...
from
www.politicallore.com

[AndyA]

1. I caught that exception in the statement yesterday.

Those one-time charges can be a real profit killer.

It would be great if some of these companies started performing better, but I just can't see that happening yet. I'll wait to see what Cramer on CNBC has to say about it...he's almost always right on target. :eyes:

[politicallore]

5. It is sad, because the whole rally was fake.

[radfringe]

2. no surprise here.... n/t

[Greyhound]

3. Yes but their lie sparked yesterday's "rally".

Stuck on stupid, the American way.

[politicallore]

4. always...