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  Why paying back TARP now?!?! C management's egocentric move
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127712.  PP K  
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 More options Dec 11, 2:32 am
From: PP K <scott.a.lege...@gmail.com>
Date: Thu, 10 Dec 2009 23:32:19 -0800 (PST)
Local: Fri, Dec 11 2009 2:32 am
Subject: Why paying back TARP now?!?! C management's egocentric move
Quote <<"...The Financial Times said unless Citigroup is able to
launch a successful capital raise by the middle of next week, it would
become practically impossible to do so until after it reports year-end
results in mid- January due to disclosure rules. To us it would seem
impractical for Citigroup to payback the remaining $20 billion in
TARP, while the government still owns 34% of the common. What good
would it do? It might be a good PR move, but with the government still
owning 34% how is the company getting out from under the government's
thumb with this move?

If Citi has the capacity to payback anything, it needs to buyback the
common shares from the government first. This would be the first
shareholder friendly move in years. Take care of the shareholders and
maybe they'll put more in, driving the share price higher which in
turn would give the company the flexibility at a later date to payback
the remaining TARP..." >> End Quote

Besides "looking good" to satisfy their ego, I might add that another
reason for C to rush paying back TARP is to escape from Ken Feinberg
--- the "Pay Czar"s control and replenish their Senior Executives
pockets, or they wanna call it "becoming more competitive".

I currently don't have any positions in C, yet C's disregard of
shareholders value still outrages me. All you C holders, you need to
voice your opinions now... C has claimed that they have $240 B "Cash
Reserve", but much of that is tied up with FDIC Toxic Assets guarantee
"Loss Reserves", which the FDIC has backed/insured C's $300 B toxic
assets out of total $671 B Citi Holdings "Troubled Assets".

We shall see whether C could raise the capital by other means or use
its so-called "Cash Reserves" to repay TARP within the next few days,
if not, that tells you a lot about the true "Financial Strength" of
this company.


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  Re: Book Value After Dilution
127711.  ??  
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 More options Dec 10, 10:44 pm
From: "??" <ksiem...@optonline.net>
Date: Thu, 10 Dec 2009 19:44:57 -0800 (PST)
Local: Thurs, Dec 10 2009 10:44 pm
Subject: Re: Book Value After Dilution
Bijan,

Thank you for a well thought out and well written post. There are far
to many people claiming to know about this Company strictly based on
their beliefs.
It is up to each of us to act in our own self interest and not try to
sway others by advising to sell.

Treasury Secretary Timothy Geithner reporting to the Congressional
TARP Oversight Panel today: Dec. 10 as seen on C-SPAN

Paraphrasing Treasury Secretary Geithner,
In direct response to a panel member asking about Citigroup:

"It is a very good thing for the country, that banks
wish to repay TARP, but we will not let TARP repayment impair the
capital standing of these banks".
"The fact that independent private investors are willing to step in
and invest and effectively take over the USG position is
very positive." "It is very encouraging that investors see an
opportunity here".
"It would be desirable that TARP would be paid not in stages, but at
one time"

Of Bank of America: "TARP repayment is in direct response to their
desire to be rid of Executive pay restrictions so that they may find a
suitable replacement for CEO [Lewis]".

On Dec 10, 5:38 pm, Bijan <bijanbehes...@gmail.com> wrote:


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  Dont miss 'EMIS' on Friday
127710.  Jay  
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 More options Dec 10, 9:29 pm
From: Jay <jagger...@gmail.com>
Date: Thu, 10 Dec 2009 18:29:59 -0800 (PST)
Local: Thurs, Dec 10 2009 9:29 pm
Subject: Dont miss 'EMIS' on Friday
Take a look at EMIS
It ran up 22%+ today, technicals and fundementals say it will still go
up tomorrow, people are just not ware of it.
Get in early

http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=new...


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  Re: Book Value After Dilution
127709.  jimmy  
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 More options Dec 10, 8:44 pm
From: jimmy <bass9...@msn.com>
Date: Thu, 10 Dec 2009 17:44:50 -0800 (PST)
Local: Thurs, Dec 10 2009 8:44 pm
Subject: Re: Book Value After Dilution
Mr. Pandit serves on the boards of Columbia University, Columbia
Business School, the Indian School of Business, and Trinity School.
He is a former board member of NASDAQ, the New York City Investment
Fund, and the American India Foundation.

Mr. Pandit earned a PhD in Finance from Columbia University in 1986.
He also received an MS degree in 1977 and a BS degree in electrical
engineering in 1976 from Columbia." source Citi.

I am sure Pandit is well qualified to understand at least part of
what he is doing. This has never been done before, so it may be
interesting to
see how it turns out. It seems like it should work in favor of the
shareholders in the longterm.

On Dec 10, 4:29 pm, Bijan <bijanbehes...@gmail.com> wrote:


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  Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
127708.  A.Keanu  
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 More options Dec 10, 8:35 pm
From: "A.Keanu" <euje...@gmail.com>
Date: Thu, 10 Dec 2009 17:35:44 -0800 (PST)
Local: Thurs, Dec 10 2009 8:35 pm
Subject: Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
wow, didn't know you are into finance too...

On Dec 10, 6:39 pm, heath <heathbradf...@ymail.com> wrote:


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  Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
127707.  Spider  
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 More options Dec 10, 8:19 pm
From: Spider <consumerv...@gmail.com>
Date: Thu, 10 Dec 2009 17:19:52 -0800 (PST)
Local: Thurs, Dec 10 2009 8:19 pm
Subject: Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
Let's get to the $5 so we can talk about $10.  This giant will move up
but it might not happen that soon, that much.

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  Re: Is there a chance for Citi..
127706.  bobby duder  
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 More options Dec 10, 7:36 pm
From: bobby duder <bobbydu...@gmail.com>
Date: Thu, 10 Dec 2009 16:36:39 -0800 (PST)
Local: Thurs, Dec 10 2009 7:36 pm
Subject: Re: Is there a chance for Citi..
I think it is important to separate the TARP money C owes the govt.
and the 7.7 billion shares the govt. holds
The 20 billion payback to Uncle Sam will free C from govt. oversight.
I believe dilution will be minimal simply because only 10 to 15
billion in new equity will be granted; the rest will come from cash-on-
hand. At $3.86, which is way under book value, most of the dilution is
priced in. The bears are poised to do some damage but it's nothing to
be concerned about (especially if you are long).
Some residual govt. influence will be because of the 34% govt. stock
ownership, but the govt. isn't looking to be vindictive and will sell
off gradually at maximum profit.
I don't know. I guess what I'm trying to say is this stock is way to
cheap and all the stigma and media hype is blinding people to the
obvious pay-off. But with the TARP pay-off goes the stigma; up to book
value we go.
Oh yeah, and don't forget about Q4. I bet they beat expectations.

On Dec 10, 6:41 pm, jimmy <bass9...@msn.com> wrote:


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  Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
127705.  bobby duder  
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 More options Dec 10, 7:23 pm
From: bobby duder <bobbydu...@gmail.com>
Date: Thu, 10 Dec 2009 16:23:14 -0800 (PST)
Local: Thurs, Dec 10 2009 7:23 pm
Subject: Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
C will hit 20 USD, but not anytime soon. We're talkin' years.

On Dec 10, 6:39 pm, heath <heathbradf...@ymail.com> wrote:


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  (HESG) Health Sciences Group, Inc. Recieves Ground Breaking Government Approval.
127704.  Alex  
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 More options Dec 10, 6:43 pm
From: Alex <isto...@live.com>
Date: Thu, 10 Dec 2009 15:43:12 -0800 (PST)
Local: Thurs, Dec 10 2009 6:43 pm
Subject: (HESG) Health Sciences Group, Inc. Recieves Ground Breaking Government Approval.
Becoming America's only Public Company with medical marijuana growing,
transportation, distribution, dispensaries & care giving operations.
Featured on Cnn's the sittuation room with Wolf Blitzer.

{HESG} has officially retired 2 billion shares of common stock to help
Merge with (MJNA) Medical Marijuana, Inc.

(HESG) is in final negotiations to acquire two separate Montana-based
medical operations. The public can expect the names of the companies &
all approval details to be exposed by Monday of next week.

(HESG), also Enters Into Negotiations to Acquire 30% Stake in MODUS
Healthcare International which offers its clients hospitals in a
controlled environment, for less money & in far less time.

www.reuters.com/finance/stocks/keyDevelopments?rpc=66&symbol=HESG.PK&...
www.marketwire.com/press-release/Health-Sciences-Group-Inc-1084808.html
www.streetinsider.com/Press+Releases/Health+Sciences+Group+Quest+to+b...


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  Re: Is there a chance for Citi..
127703.  jimmy  
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 More options Dec 10, 6:41 pm
From: jimmy <bass9...@msn.com>
Date: Thu, 10 Dec 2009 15:41:15 -0800 (PST)
Local: Thurs, Dec 10 2009 6:41 pm
Subject: Re: Is there a chance for Citi..
This is a very complex matter and it may take at least two quarters to
see the real benefits. It is not really that bad for shareholders. AIG
was in worse shape than C and the short sellers drove down its price
after the reverse split. The reverse split in itself did not cause
price to decline in that case. The markets were also still very weak
during the time AIG did its reserve split, thus it allowed the short
sellers to move in to drive price down. Going from  20 to1 at $1 to
$20 may have also caused small investors to sell off in that case
which provided a perfect condition for short sellers to gain downward
momentum.

Shared article:
{"We are not prepared to have this money come back in a way that would
leave the system or these institutions with inadequate capital to face
their challenges ahead," he said during a Congressional Oversight
Panel hearing on the Troubled Asset Relief Program, or TARP.

But for Citigroup Inc. (C 3.89, +0.02, +0.52%)  that may not be a
problem, analysts said Thursday.

Citi reportedly plans to raise $20 billion selling new equity to help
the giant bank buy back trust preferred securities it sold to the
government via TARP. See about Citi's possible TARP exit.

At the same time, the government will probably sell the 7.6 billion
common shares of Citi it currently holds, extricating the bank from
taxpayer ownership, according to J.P. Morgan Chase analyst Vivek
Juneja.

If Citi pulls this off, the bank's capital ratios will be among the
highest of any large U.S. bank, Juneja and other analysts said
Thursday.

"They've already got very strong capital ratios," Jeff Harte, a
banking analyst at Sandler O'Neill, said in an interview.}
source :MarketWatch

Citi's Tier 1 common capital ratio, a closely watched measure of the
capital of publicly traded banks, stood at 9.1% at the end of the
third quarter, Harte noted.

On Dec 10, 3:58 pm, Joe Crash <waveman.cr...@gmail.com> wrote:


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  Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
127702.  heath  
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 More options Dec 10, 6:39 pm
From: heath <heathbradf...@ymail.com>
Date: Thu, 10 Dec 2009 15:39:01 -0800 (PST)
Local: Thurs, Dec 10 2009 6:39 pm
Subject: Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
twenty dollars isnt going to happen. im holding to 7.50

On Dec 10, 3:12 pm, bobby duder <bobbydu...@gmail.com> wrote:


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  Re: How will TARP repayment affect C in the short-term?
127701.  A. Ron  
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 More options Dec 10, 6:38 pm
From: "A. Ron" <arlige...@gmail.com>
Date: Thu, 10 Dec 2009 15:38:49 -0800 (PST)
Local: Thurs, Dec 10 2009 6:38 pm
Subject: Re: How will TARP repayment affect C in the short-term?
Maybe if you ask nicely, he'll sell you some backdated $80 puts for $1
each on Lehman Brothers.

On Dec 10, 6:00 pm, "sASCH." <emailausdruc...@googlemail.com> wrote:


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  Re: Is there a chance for Citi..
127700.  A. Ron  
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 More options Dec 10, 6:30 pm
From: "A. Ron" <arlige...@gmail.com>
Date: Thu, 10 Dec 2009 15:30:22 -0800 (PST)
Local: Thurs, Dec 10 2009 6:30 pm
Subject: Re: Is there a chance for Citi..
Uh, the whole WORLD saw this coming in March, Joe "Was it Call or Put"
Crash. The reverse split amendment was built into the conversion, and
a foregone conclusion.

Apparently you didn't see THAT coming 9 months ago. Insert mother joke
here.

On Dec 10, 6:01 pm, Joe Crash <waveman.cr...@gmail.com> wrote:


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  Re: Book Value After Dilution
127699.  A. Ron  
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 More options Dec 10, 6:19 pm
From: "A. Ron" <arlige...@gmail.com>
Date: Thu, 10 Dec 2009 15:19:40 -0800 (PST)
Local: Thurs, Dec 10 2009 6:19 pm
Subject: Re: Book Value After Dilution
"Was it Call or Put", lmao.

On Dec 10, 6:14 pm, "sASCH." <emailausdruc...@googlemail.com> wrote:


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  Re: Book Value After Dilution
127698.  sASCH.  
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 More options Dec 10, 6:14 pm
From: "sASCH." <emailausdruc...@googlemail.com>
Date: Thu, 10 Dec 2009 15:14:15 -0800 (PST)
Local: Thurs, Dec 10 2009 6:14 pm
Subject: Re: Book Value After Dilution
yatta. I have a lot in C, too but my time line is not "tomorrow" or
"next week", so I am not scared. I don't care as long as C does not go
down (which even these shorters like Joe "was it Call or Put" Cash or
PiginSoc don't think).

Know what your time line is and just don't look at the share price
like Buffett said if this helps.  "Buy a share when you did your
research and go to sleep.".

On Dec 10, 6:02 pm, Yatta <jonloo...@gmail.com> wrote:


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