any chance if this bank would file for bankruptcy? seems really remote then but now, appearing to be a probable outcome.
i doubt so...
I can resist anything but temptation. - Oscar Wilde
Current collection A.Lange & Sohne Grand Langematik
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I still think Citibank may be either bankrupt or be sold or merged... US govt already send a few rescue package to it already... I think hard to survive...
I still think Citibank may be either bankrupt or be sold or merged... US govt already send a few rescue package to it already... I think hard to survive...
what if citigroup is nationalized? then the shares going to worth nothing yes?
I can resist anything but temptation. - Oscar Wilde
Current collection A.Lange & Sohne Grand Langematik
Audemars Piguet ROO
Blancpain Fifty Fathoms (Dark Knight)
De Bethune Titan Hawk (DB27)
Habring2 Pilot Time Date
Harry Winston Midnight Big Date
Hublot Aerobang Skeleton
IWC Portuguese Perpetual Calendar
Panerai 270
Patek Philippe 5711/1a
Rolex 116610LV
Vacheron Constantin Overseas
It depends... if it remains listed, you can still trade its stock but stock price will not be very good as the objective of nationalized bank is very different to a commerical bank.....
It depends... if it remains listed, you can still trade its stock but stock price will not be very good as the objective of nationalized bank is very different to a commerical bank.....
this can very much be a possible scenerio hence buying citi's share now is scary no doubt the price is very low..
I can resist anything but temptation. - Oscar Wilde
Current collection A.Lange & Sohne Grand Langematik
Audemars Piguet ROO
Blancpain Fifty Fathoms (Dark Knight)
De Bethune Titan Hawk (DB27)
Habring2 Pilot Time Date
Harry Winston Midnight Big Date
Hublot Aerobang Skeleton
IWC Portuguese Perpetual Calendar
Panerai 270
Patek Philippe 5711/1a
Rolex 116610LV
Vacheron Constantin Overseas
If citi declares bankrupt, worse! stock value becomes Zero and maybe newspaper headline reads " XXX bank bought Citibank for US$1 " and take over its business.... cry also no tears...
Citi's stock from Blue chip to penny stock.. those who buy them when they're exp I can feel e pain..
"夫君子之行:静以修身,俭以养德;非淡泊无以明志,非宁静无以致远。" - 诸葛亮
One should seek serenity to cultivate the body, thriftiness to cultivate the morals. Seeking fame and wealth will not lead to noble ideal. Only by seeking serenity will one reach far. - Zhugeliang
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