You Know Things are Bad When

…a headline reading, “Citigroup $2.5 billion loss soothes investors” appears on your computer screen.
 
Yes, this loss was better than expected, but how bad have things become when a $2.5 billion loss from any company is something to cheer about?

 

Laurie Berman, Senior Vice President, lberman@pondel.com
 
 

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