Citibank has a capital crisis?

Does Citi have a capital crisis?

Some analysts think Citigroup needs to take strong medicine - like a dividend cut - or risk further stock erosion. Fortune’s Peter Eavis looks at the books.

By Peter Eavis, Fortune senior writer

November 7 2007: 2:16 PM EST

http://money.cnn.com/2007/11/07/magazines/fortune/eavis_citicapital.fortune/index.htm

do read this article, if you are in doubt! I got a sms which read “If citibank and ubs are really that smart, how come they lose money so regularly for their stakeholders”

Of course i forwarded this sms to a few friends….

One of them replied “They are still smart because they lose others’ money, we stupidos lose our own money”

well…..

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Tags: citi, citibank, peter eavis

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