Consensus on Citi Today

[godoftrading]

Will it shoot up to $5/$6 or tank to $2 by the end of the day?

[innvestfx]

Risk aversion is still a threat for markets, which shows that the new rescue plan that FED presented to Citigroup, might not be enough relief to avoid the current crisis. Alongside, a study from Deloitte Financial Advisory Services LLP DLTE.UL showed that fraud incidents were much more likely to be found in a company in bankruptcy court.

Fraud In Bankruptcy Annyrogers’s Weblog

[oharas]

This cant be a relief to avoid the current crisis, but this can be a good help for the Citigroup, no every bank can get the bailout plan like this and so fast, lets remember what happen few month ago, the market was very insecure to trade, but now, the investors can feel a little relief to trade.