BamBam's Profile
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Entry: Write-Offs: 04.29.08
posted by BamBam
Apr 29, 2008 6:55PM
It sounds as though Citigroup dumped their bad paper on a bunch of unsuspecting mom & pop investors. I'm sure the lawyers estimated the losses from lawsuits beforehand.
But, how does His Majesty Bob Rubin continue to avoid criticism for Citi's sleazy behavior? And isn't this yet another black eye for Mrs. Clean?
Entry: Why The Bear Stearns Duo Had To Take The Fall
posted by BamBam
Jun 26, 2008 10:07AM
I'd like to see Bob Rubin do the perp walk. These low level guys were sacrificed, so the real crooks, like the phony Rubin, could maintain the facade of being above the fray.
Entry: Gasparino: "Citigroup, as screwed up as they are, might want to buy Washington Mutual"
posted by BamBam
Jun 26, 2008 1:24PM
It might be the other way around eventually if Pandit stays at the helm.
Entry: Vikram Pandit: "We can make Citi the best company in the world, bar none."
posted by BamBam
Jun 30, 2008 11:05AM
I wonder how much money McKinsey has taken from Citi shareholders to put this garbage into Pandit's mouth.
Entry: How To Think About Jim Cramer’s Insane Confidence--Even For A Crazy Person--In Bear Stearns
posted by BamBam
Mar 17, 2008 3:38PM
Look, I'm no Cramer groupie, but it sounds to me as though you are deliberately confusing a suggestion to a CLIENT of Bear that his money is safe with a recommendation to a SHAREHOLDER of Bear not to sell his stock.
My reading of the exchange is that the guy was a client. If so, his money will now be at JPM.