If you watch economic and market websites there has been some interesting news lately out of Citigroup.
Check this out:
Here's what The Market Ticker has to say...
An economic blog's comments
Possible Credit Dislocation: Be Warned
It's bound to happen that one of these "To big to failers." Only a matter of time in my book. Now all we need is a rumor floating around that something big will happen (Leeman copy) and their stock will plummet so fast you can hear it scream.
Take note that MSM will not notice the start of this. They will clue in when the major signs are flashing neon bright in their faces, saying "CITIGROUP IS DEAD AND DYING!"
Probably around November 4th or 5th is when youll see this news hitting the MSM.
I see some banks, MAJOR banks, imploding in the near future.