Tag Archives: CITI

US Derivative Exposure, Reality and the Little Worm in Back of the White House

Posted on January 14, 2013 by DRenegade

Note the little man standing in front of white house. The little worm next to last football field is a truck with $2 billion dollars denoting the amount of notional derivative contracts. There is no government in the world that has … Continue reading →

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Citi Firing 11,000

Posted on December 5, 2012 by DRenegade

Big news ahead of this Friday’s NFP report: CITI TO CUT OVER 11,000 JOBS, TAKE PRETAX CHARGE $1B IN 4Q “Sandy’s fault?” or better yet, “Vikram’s fault.” Or maybe the economy is collapsing despite all the propaganda one is spoonfed. Considering the … Continue reading →

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