How Many Billions Will Citigroup Writedown Next? The Only Consensus Is That It’s In The Billions (And Coming In At The 11th Hour To Screw Us Over Is A Newly Reformed Twerp At Deutsche Bank—Mike Mayo—,Saying Millions, So Scratch That)

Posted by Bess Levin, Jan 02, 2008, 1:06pm

For now, however, I’m going to ignore what is obviously the result of Vikram Pandit paying a house call to the Mayo residence over the holiday and focus on the billions. Last week Goldman Sachs analyst William Tanona said $18.7 billion, the other day Sanford Bernstein’s Howard Mason wrote $12 billion. Meredith Whitney is rumored to be working on a report that pegs it at more like $35 billion, but who really knows. This is all just hearsay and speculation. And I’ll just leave it at that (if you have anything to add, by all means, go ahead). As an aside, I went with the 8830. I’m happy with it so far, mostly because it’s really brought my otherwise dormant asshole tendencies to light (for instance, the tongue lashing I gave a friend yesterday for interrupting me during a game of BB when I only had one life left and before I could pause the thing). I’ll elaborate more on that later.

Citigroup may write down $12 billion [Reuters]

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Posted in: Citigroup, i don't want to pull a muscle

Comments

Posted by , Jan 02, 2008 1:26PM

I read that as "tongue bathing".

Posted by , Jan 02, 2008 1:27PM

1.26- what is a tongue bathing?

Posted by , Jan 02, 2008 1:29PM

if you dont know then bess has obviously never done it to you

Posted by z-job, Jan 02, 2008 1:31PM

if you don't know what it is, you can't afford it

Posted by investorcluzo, Jan 02, 2008 1:58PM

should have gone with the red curve...

Posted by , Jan 02, 2008 2:01PM

red curve = are you a 40 yo housewife?

Posted by watchmen, Jan 02, 2008 2:14PM

WTF any of you talkin' bout?

Posted by mwu, Jan 02, 2008 2:27PM

ooh, what's your high score on BB? Mine is 25,000. thank you.

Posted by investorcluzo, Jan 02, 2008 5:52PM

slow your roll @2:01, red is a lot more sexy than that clucky stainless steel (or worse, plastic) job most people are toting around. and if I see one more pink cell phone I'm going to puke.

Posted by Ken Houghton, Jan 10, 2008 5:02PM

Clearly, checking the original post, Mike Rulz.

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