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Citi and Abu Dhabi??? Huh?
11-27-2007, 04:04 PM
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#1
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gone traveling
Join Date: Nov 2005
Posts: 2,146
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Citi and Abu Dhabi??? Huh?
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11-27-2007, 05:03 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,139
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It helps keep Citi from going under?
Audrey
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11-27-2007, 05:11 PM
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#3
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Recycles dryer sheets
Join Date: Aug 2006
Location: Texas
Posts: 216
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Why didn't they offer 7-8% CD's to all us retirees? Everyone would be a winner.....and the money would have stayed here.
__________________
Women and cats will do as they please, and men and dogs should relax and get used to the idea.<br />-Robert A. Heinlein
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11-27-2007, 05:13 PM
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#4
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Administrator
Join Date: Apr 2006
Posts: 23,036
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Quote:
Originally Posted by two4theroad
Why didn't they offer 7-8% CD's to all us retirees? Everyone would be a winner.....and the money would have stayed here.
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nm
__________________
Living an analog life in the Digital Age.
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11-27-2007, 07:46 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Nov 2006
Location: Bossier City
Posts: 2,183
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Quote:
Originally Posted by two4theroad
Why didn't they offer 7-8% CD's to all us retirees? Everyone would be a winner.....and the money would have stayed here.
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I'll drink to that! Not quite a retiree yet, but I'll still drink to it!
__________________
“Change is the law of life. And those who look only to the past or present are certain to miss the future.”
-John F. Kennedy
“Hard work never killed anybody, but why take a chance?” - Edgar Bergen
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11-28-2007, 03:22 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2005
Posts: 6,189
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they didnt offer it to anyone else because its not going to be paid back. at some point in a few years it will convert to stock. heck i would have taken a shot at that deal too
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11-28-2007, 09:15 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Feb 2005
Posts: 2,032
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Quote:
Originally Posted by two4theroad
Why didn't they offer 7-8% CD's to all us retirees? Everyone would be a winner.....and the money would have stayed here.
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Because they needed equity to bring up their tier 1 ratio, not more deposits.
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11-28-2007, 04:46 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2005
Posts: 6,189
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i was thinking offering convertable stock not cd's to investors. thats almost the deal they ended up getting anyway .
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