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Re: Au$2450 post# 6525

Tuesday, 01/12/2010 10:46:50 AM

Tuesday, January 12, 2010 10:46:50 AM

Post# of 12438
http://www.bankrate.com/rates/safe-sound/bank-holding-company.aspx?fedid=1951350


This is citigroup's bankrate profile. Look at Citibank, NA. That's their main bank that we know the most about. Then look at it's Loan loss reserves. They have boosted their loan loss reserve tremendously (a good sign most of the time), but that shows they have a ton of "questionable" loans on the books, that they fill will be detrimental to their wellbeing. Loan Loss reserves are tax deductable I do believe and allows them to allocate loan losses before they happen. Of course, I don't know how much of government funds were allocated to loan loss coverage (which is my hunch). They have protected themselves well, but it shows a lot of non revenue in loans.

Don't trust anyone, including wannabe stock sleuths. Do your own research.

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