Citigroup (C) CEO Vikram Pandit may have simply locked himself in the executive washroom and thrown away the key. No one has anything encouraging to tell him and if he does not…
Douglas A. McIntyre According to Reuters, Toyota (TM) cut production and Nissan was downbeat about its prospects. Reuters reports that if a new CEO at Yahoo! (YHOO) wants to be well-regarded by shareholders, he or…
Sirius (SIRI) traded down to $.20 on concern that a bankruptcy at GM (GM) could ruin its already troubled business. The 52-week high is $2.94. Citigroup (C) Still concerns that bank can…
According to Reuters, Yahoo! (YHOO) CEO Yang resigned. Reuters reports that Japan expects a long recession. Reuters writes that Congress will take a first look at a new auto bailout bill. Reuters…
If the press is right, Citigroup (C) is about to hold a big pep rally with its CEO Vikram Pandit raising the cheer followed by an announcement that it will fire another…
According to Reuters, Japan has fallen into a recession. Reuters writes that the top seven executives at Goldman Sachs (GS) will take no bonuses. Reuters reports that a poll showed that many…
Citigroup (C) CEO Vikram Pandit will have an employee meeting on Monday in the hope that he can calm concerns that the huge financial company is falling apart. With its stock below…
Douglas A. McIntyre According to Bloomberg, Citigroup Inc. Chief Executive Officer Vikram Pandit sought to reassure employees today, saying in an internal memo that the bank’s revenue is “strong and stable” and its capital “plentiful.”’.…
Douglas A. McIntyre Perhaps it is a remarkable failure of imagination or just animal panic. A day after Citigroup (C) hit a multi-year low and spent time below $10, CEO Vikram Pandit’s answer was to…
According to Reuters, concerns about the global economy are growing as the G20 nations are meeting. Reuters says that Congress challenged banks on how they would use bailout funds. Reuters reports that…
GE (GE) Concerns about dividend and financial services arm. Drops to $14.58 from 52-week high of $39.95. Citigroup (C) Huge consumer lending portfolio becomes more of a time bomb. Drops to $8.27…
Citigroup’s (C) CEO Vikram Pandit has cemented his reputation as the worst CEO of the new breed of men who replaced the remarkably careless and callous executives who ran Citi, Merrill Lynch…
According to Reuters, Japan will supply money to the IMF. Reuters reports that Citigroup (C) is looking at buying Chevy Chase Bank. Reuters reports that the US may need to insure wholesale…
Citigroup (C) investors have been remarkably patient with relatively new CEO Vikram Pandit. But, the company’s shares traded under $10 today. The stock has not been that low since 1995. Pandit earned…
The market message has been the same for the entire last week. Carnage and mayhem. But what is interesting is how many household companies and how many widely held stocks have this…