No surprise really, and as most are agreeing, a safe choice. With Moynihan at the helm of Bank of America, I don’t think we’ll see any radical changes in the near future. I think he will try to steer his ship as calmly as possible thru the murky months ahead. He has openly stated his [...]
Citi Desperate To Repay Tarp Funds
December 23, 2009 By Leave a Comment
Well, it’s bonus time, so naturally they want out from under the Federal pay restrictions. But the “street” is buzzing about it. Will CITI be allowed to exit, and if so, under what conditions or restrictions? Will they (or could they) raise the $45 billion in capital for repayment? But bigger still, is the question [...]
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