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That’s what you get when you merge Citigroup and Morgan Stanley . . .

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Category: Humor, M&A

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

26 Responses to “Citi-Morg”

  1. Its bouncing around trading desks today . . .

  2. DL says:

    Morgue city.

  3. Mannwich says:

    That is fantastic.

  4. Mannwich says:

    This is playing out just like I thought it would. Reality slowly sinking in. Not always right but this time I think I am. Look out below.

  5. ware says:

    You too could work in citistan — or as everyone calls it “shittystan”?

  6. GloomBoom says:

    What do you get if you cross Goldman Sachs with Citigroup?

    Sachs and the citi.

  7. if anyone wants to see, in crystallized form, the Nature of our, current, “FinServ”-Industry, they should check out: http://www.icerocket.com/search?tab=web&fr=h&q=primerica+financial+services

    I’ve always found it interesting that this subsidiary of C, Primerica Financial Services, never received that much “Play” in the MSM..

    A greater collection of sociopaths would be difficult to find..

    Of course, there Are some in the FinServInd that do provide a tremendous service, they, sadly, though, are few, and far between..

  8. DL says:

    GloomBoom @ 3:20

    Thank you, Jay Leno.

  9. gnomic says:

    By any name, this rose would stink.

  10. Moss says:

    I wonder what the new logo will be?

  11. Lars39 says:

    Citi-Morgue. Do we get an autopsy?

  12. Gabriel says:

    Smith Barney and Morgan Stanley are merging, so I think they’ll call it:
    BaMoStan

  13. Mannwich says:

    Alcoa reported brutal earnings just now. The bottom must be in.

  14. mknowles says:

    That’s where old CEOs, old BANKS, old IVY-LEAGUERS go for their autopsies… (sorry if you’re an ivy-leaguer with ethics, I exclude you.) We should make it a museum – Citi-Morg Financial Modernization Museum – so we never forget, like the holocaust… I’m serious. We could have portraits of all the Masters of the Universe and so on. This could actually be fun…

  15. mknowles says:

    Oh, forgot to add my mantra: GOLDMAN SACKS-USA

  16. DL says:

    I’m starting to wonder if Citi is going to get YET ANOTHER (goddamn) bailout. The stock price is getting near $5 again, they’re selling off part of the brokerage division, and Rubin is getting the boot. Signs that it could happen.

  17. constantnormal says:

    @ DL — remember, Obama is the president of HOPE — I just HOPE that we finally take Citigroup out behind the Fed and put it down. Either that, or dismember it in plain sight.

  18. constantnormal says:

    I woulda ended the previous post with an emoticon for a cynical smirk, but I don’t know what that one would be.

  19. TrickStyle says:

    @Mannwich: I think we’re going to see a pop when Obama takes office. Not fundamentally based, but a pop, nonetheless. The current S&P forecasts are cut in half, to 42.26. Are you betting that’s optimistic?

  20. Mannwich says:

    @TrickStyle: I agree that we could get another decent rally in the coming weeks but any stimulus will then be baked into the markets because it’s become a fait accompli. Once reality hits that things won’t likely get any better, and in fact will get much worse in the next 6-9 months, we’re testing those prior lows and probably breaching them.

    I think 42.26 for S&P is getting closer to reality, which will be more like around 35-38 or even a bit lower when all is said and done.

  21. AndrewShaw says:

    Macke on Fast Money tonite: compared either Citi or MS to a moldy couch with crabs that you leave out on the curb. Too funny, I hope he gets to keep his job.

  22. “Citi-Morg”

    slogan:

    Where your money goes to die.

    Macke on Fast Money tonite: compared either Citi or MS to a moldy couch with crabs that you leave out on the curb.

    And he has experience with this how? ;)

  23. BrianSJ says:

    Lars 39
    Autopsy could be the new computerized behavioural investing. Auto-psy. Sorry, still waking up

  24. Jeroen says:

    A classic case of Rigor MorCiti …

  25. Drewbie says:

    Interestingly (or not) citigroup appears to have owned citimorg.com since 2005.

    It’s like this whole sh!tpile was planned well in advance.

  26. TrickStyle says:

    @Mannwich – Oddly, Roubini’s blog has earnings at 50 to 60. Interesting.