• 05 Dec 2012 at 1:27 PM

Citigroup Now Fancying Itself Too Good For SAC Capital

By


[Bloomberg]

Comments (21)

  1. 1
    Posted by Guest | December 5, 2012 at 1:36 PM

    Grand Wizard Cohen never needed a 10 to 1reverse stock split to dupe investors into buying a penny stock/zombie bank

    Can we get that on the disclosure?

    -S.A.C. mudslinger

  2. 2
    Posted by CYA | December 5, 2012 at 1:37 PM

    Now that there's been talk of Wells notices, etc. – if anything bad DOES happen, Citi will be held partially liable. So less "we don't trust SAC" and more "avoid the lawsuit".

  3. 3
    Posted by Nouns | December 5, 2012 at 1:37 PM

    Are you sure Bloomberg has the order of "Citigroup" and "SAC" correct in that sentence?

  4. 4
    Posted by Im_a_Dude | December 5, 2012 at 1:39 PM

    yes, Citi is now recommending all clients go all into Old Lane

  5. 5
    Posted by Guest | December 5, 2012 at 1:43 PM

    SAC said to not give a flying fuck what Citi says.

  6. 6
    Posted by Vikram | December 5, 2012 at 1:50 PM

    Since when is Citi not in the business of fleecing people?

  7. 7
    Posted by Guest | December 5, 2012 at 1:59 PM

    But yet they are never too good for the shaft.

  8. 8
    Posted by Fast Runner | December 5, 2012 at 2:15 PM

    Dave Brubeck > SAC Capital

  9. 9
    Posted by J. Merriweather | December 5, 2012 at 2:21 PM

    Actually, they've got a special offering through which their clients have exclusive access to my money management skills, fees are a standard 2/20 and they gave me all the old Solomon Brothers schwag I could fit into a Kia Sorento!

  10. 10
    Posted by M.Steinhardt | December 5, 2012 at 2:22 PM

    So, SAC will be fine then.

  11. 11
    Posted by Bberg | December 5, 2012 at 2:27 PM

    SAC said advised Citi clients against adding money to Citi

  12. 12
    Posted by Guest | December 5, 2012 at 2:28 PM

    SAC is screwed. There is no way that outfit can stand up to the Feds and Citigroup at the same time. Plus it's the holidays and people are fat.

  13. 13
    Posted by Bid Em Up Bruce | December 5, 2012 at 2:33 PM

    SAC must merge with Rochdale in order to survive.

  14. 14
    Posted by Nouns | December 5, 2012 at 2:35 PM

    It was funny an hour ago, too!

  15. 15
    Posted by Ball SAC | December 5, 2012 at 2:42 PM

    The ashtray, this paddle game, and the remote control, and the lamp, and these matches, that's all I need.

  16. 16
    Posted by Guest | December 5, 2012 at 2:46 PM

    I just sat down too quickly and something bad happened.

  17. 17
    Posted by Bandersnatch | December 5, 2012 at 3:10 PM

    Take five, big guy. You will be missed.

  18. 18
    Posted by TheodoreBallgamePhd | December 5, 2012 at 3:27 PM

    And that marker.

    -Ping

  19. 19
    Posted by guest | December 5, 2012 at 3:43 PM

    I have a really hot tip from someone inside that SAC is in trouble for insider trading. Don't add to SAC!

    -Citi meta-insider trader

  20. 20
    Posted by Guest | December 5, 2012 at 3:51 PM

    I think the bigger story here is that Citi has clients that could get SAC.

  21. 21
    Posted by Guest | December 5, 2012 at 5:05 PM

    Reminds me of the time the janitor at Starbucks warned me that this week's chef's tasting menu at Per Se was not up to snuff.