Citibank/Citigroup reported profits for the first two months of 2009. Wonderful news. Their stock price went up $0.40 yesterday.
I am confused. With an injection of $25,000,000,000 from you and me, their balance sheet shows a larger liability. So it doesn't effect profit. However, this stock has paid dividends and We the People are expecting a fair return on our investment near or better than 5%.
Has our 5% return been figured into their profit proclamation? We should assume the best. We will need that return on our investment.
'til later
Bargain Barb
- Bargain Barb
- Naperville, Illinois
- Greetings! I have years, no decades, of financial experiences to share. I have a passion for education. I am a control freak in that I need to know where my $ goes. I continually ask myself do we need that, what risks are we taking with that investment, how/when can we get at our $, and just how much does Uncle Sam demand of our every earned $. Stay tuned to my life choices now and my references to life choices/experiences from my past.
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