I recall attending a seminar in 2007 and Citigroup was recommended as a buy. Glad I didn't listen.
Wednesday, January 21, 2009
Bank Shrinkage - Nothing to See Here - Move Along
I recall attending a seminar in 2007 and Citigroup was recommended as a buy. Glad I didn't listen.
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3 comments:
Staggering.
Where's WaMu? Lehman Bros? Wachovia? I sense a bias here favoring the banks that did well in 2008...
A newer chart, properly scaled, is also available.
http://1.bp.blogspot.com/_nSTO-vZpSgc/SXoel6A1A-I/AAAAAAAAFfM/KhBs_vgFVes/s1600-h/bank-circles.png
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