Citigroup Beats, But is it Good?

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We knew bank earnings wouldn’t be good. Analysts have cut their estimates for Citigroup (NYSE:C) several times over the last month, by an… Read more

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Back to their Trading Ways

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Apparently Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) may both shed their “bank holding company” status to avoid Volcker rule restrictions and get… Read more

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What Will it Take?

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It’s hard not to miss the tone of Germany’s leader, Angela Merkel, who, over the weekend, said Europe must be able to put a “firewall” around … Read more

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Gold Should Rally for QE3

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It’s always nice to know that stocks can actually rally. And seeing stocks build on their gains throughout the day… Read more

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Is There a Bogey-Man Out There?

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In 2008, we knew that the mortgage-backed securities depleted the cash reserves at banks to the point that they were insolvent. In… Read more

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The Worst Acquisition in History

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It’s good to know the financial markets, and the government’s legions of economists and statisticians, have a sense of humor.
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Should Citi CEO Make $42 million?

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Citigroup CEO Vikram Pandit just got a compensation deal that could be worth as much as $42 million. All he has to do is meet … Read more

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