D Daal Oct 6, 2008 #1 Cuts dividend 50%(meredith whitney bought into the CEO lies and thought it was sustainable), raising $10b and taking charge-offs of $6b
Cuts dividend 50%(meredith whitney bought into the CEO lies and thought it was sustainable), raising $10b and taking charge-offs of $6b
S S2007S Oct 6, 2008 #3 Earnings were suppose to be on Oct 20th, I guess they just wanted to get the bad news out of the way and hopefully ride the possible global rate cut wave this week.....
Earnings were suppose to be on Oct 20th, I guess they just wanted to get the bad news out of the way and hopefully ride the possible global rate cut wave this week.....
C Cdntrader Oct 6, 2008 #6 Quote from robbie380: not a huge bomb. at least they still made money and still have a div. More... #1 weighting in XLF. It won't be pretty in am for XLF.
Quote from robbie380: not a huge bomb. at least they still made money and still have a div. More... #1 weighting in XLF. It won't be pretty in am for XLF.
D Daal Jan 16, 2009 #9 Quote from capmac: $7+ now... Seems like every big bank is following Citi's footsteps. More... dividend inexistent now, that CEO needs to step down, CFC MER and saying a huge yield was sustainable
Quote from capmac: $7+ now... Seems like every big bank is following Citi's footsteps. More... dividend inexistent now, that CEO needs to step down, CFC MER and saying a huge yield was sustainable
N nazzdack Jan 16, 2009 #10 Quote from Daal: a huge yield was sustainable........... More... "Even if the dividend is larger than the share price, it's still sustainable" said the analyst, While remaining straight-faced.
Quote from Daal: a huge yield was sustainable........... More... "Even if the dividend is larger than the share price, it's still sustainable" said the analyst, While remaining straight-faced.
