That $4.5 trillion in loans the banks got, sure looks like they were betting on these CDOs launched a few months earlier. Anchorage Capital, hmm where have I heard that name

by Longjumping_College They made this liquidity crisis by betting that money on CDOs. I’m not f*cking kidding Hedge Funds Resurrect CDO Trade. This Time They Say It Will Work View post on imgur.com https://web.archive.org/web/20190503001248/https://www.bloomberg.com/news/articles/2019-05-02/hedge-funds-resurrect-cdo-trade-this-time-they-say-it-will-work They had this happen as of Q2 …

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Facebook down 4% this morning, 7% off the all time highs on Citigroup downgrade.

https://www.zerohedge.com/markets/sixth-turning-rare-downgrade-citi-cuts-google-facebook-peak-online-ad-spending “We’re downgrading Alphabet and Facebook from Buy to Neutral. We now aren’t recommending any large cap, ad centric, Internet stock except Roku. We like Roku because we believe the connected TV market is still nascent.”   h/t TrumpWinz

Citigroup Q1 2019 Earnings Breakdown

by EarningsCallsApp   Q1 2019: Net Income of $4.7 Billion ($1.87 per Share) Q1 2019: Revenues of $18.6 Billion Q1 2019: Returned $5.1 Billion of Capital to Common Shareholders Q1 2019: Repurchased 66 Million Common Shares Q1 2019: Book Value per …

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Citigroup Becoming a Political Bank

by Martin Armstrong   Citigroup has issued a press release back in March stating that it will penalize banking clients who engage in gun sales even though they comply with federal, state, and local laws. Citigroup’s new policy tells businesses what …

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IF BANKS LIKE CITIGROUP WANT TO DISCRIMINATE AGAINST GUN SELLERS, I think that federal and state banking regulators should get involved to make sure that doesn’t happen. Bake the cake, bankers.

And if the parties were reversed, activists and allied groups would already be making Citigroup’s CEO Michael Corbatradioactive. I’ll be on Dana Loesch’s new show talking about this in about half an hour. UPDATE: I can’t find a video link, but here’s a …

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