11-07-2007 10:38 AM
11-07-2007 06:12 PM
haulingthescoreup wrote:From CNN.com:Citigroup (Charts, Fortune 500), wounded by huge losses on mortgage-related assets and currently without a permanent CEO after Chuck Prince resigned Sunday, might lack the capital to weather a credit storm that shows few signs of abating. The bank said Sunday that losses from mortgage-backed assets could be as high as $11 billion in the fourth quarter. Meredith Whitney, a bank analyst at CIBC, intensified the debate about Citi's capital on Monday when she declared that the company's math used to justify paying its dividend "just doesn't add up."So do you think that if/ when Citi/ Sears denies my GW request to remove my one late from my account, I should point out to them that I seem to be handling my credit much better than they are? Or would that hurt their self-esteem or something?