/biz/ - Business & Finance

>>54886639
>My investments are in great companies they will come back eventually

>>53892713
I've been using bank bond issue to determine the terminal FFR. Most banks' recent issues have been around 5.5%, meaning a high 4/low 5 percent FFR is likely. This might just be an outlier because C is a horrible bank, but if other banks start issuing higher then we're in a world of hurt.

>>53098135
They were the only major bank that had to do a reverse split to stay listed on the NYSE.

>>52617963
>Explain to her that your funds aren't lost as long as you didn't sell
This is horrible advice. If your shit is clearly never going to recover don't baghold.

>>51458699
Whenever I need cash I always pull it out of a citibank ATM in the hopes that it slightly stresses their systems even more. Imagine bagging shares after another reverse split, then holding 50 years as it makes its ascent back to 2000 a share!

>>51423216
Why do people still buy citibank

Large financial institutions frauded "safe" bonds to make assloads of cash. The bonds defaulted and overleveraged institutions, which ended up being most of the banks, booked massive losses and almost went bankrupt. If you want a fun time go look through bank stocks during that whole 07-08 period. I wish historic chart data for BSC and LEH was still available.