Charting Stocks

The markets jumped early in the trading day in a move  led by a “Leaked” memo by Nationalized Citigroup CEO Vikram Pandit which was sent to employees stating that the troubled bank was profitable in the first 2 months of 2009. He went on to describe their capital position as “Strong.”
The market, which was extremely [...]

The WSJ is reporting that the US government is in talks with Citigroup in a deal which would include the government buying a 40% stake in the troubled bank. ChartingStocks.net was the first to report that the government would be taking Citigroup and Bank of America over.
Financial Times said Citigroup is pressing the U.S. government [...]

On November 20th, 2008 it was announced that Saudi Prince Alwaleed bin Talal bought up shares of Citigroup (NYSE: C) increasing his holdings to 5% of the total outstanding shares. The move seemed quite daring at the time as Citigroup’s shares were in freefall dropping 25% in the previous trading day alone (down over 90% [...]