woah citigroup

[solarbird]

Citigroup is trading at US97¢/share. Citigroup is now a penny stock. (Off its high of US$57.) Yow. And the Wall Street Journal is reporting that Moody's has downgraded Citigroup's SIVs. FDIC FRIDAY HERE WE COME!

Comments

[firni.livejournal.com]

Hm, that explains all the stupid "get a $5K loan from us to pay off your other debts!" junk mail from them, as well as the "oh hey we partnered with Myspace to offer you a Myspace Citibank credit card that REWARDS YOU FOR BEING A GOOD LITTLE DRONE!"