Who is the Largest Sub-prime Borrower???...You are right...It's Citi Corp
A real shame...I think I mentioned a couple of months ago that I had some USC biz students over...I was showing them charts and one said..."Don't you consider fundamentals?"...Of course I do on longer term holds...Another said "Day traders cannot make money"...I told him that's mostly true...Because mostly they don't know what they are doing....Lastly one said..."CitiCorp looks like a good buy...It should go up"...All I could say was..."I don't like banks"....WHAT THE HECK ARE THEY TEACHING THESE KIDS ANYWAY???
A real shame...I think I mentioned a couple of months ago that I had some USC biz students over...I was showing them charts and one said..."Don't you consider fundamentals?"...Of course I do on longer term holds...Another said "Day traders cannot make money"...I told him that's mostly true...Because mostly they don't know what they are doing....Lastly one said..."CitiCorp looks like a good buy...It should go up"...All I could say was..."I don't like banks"....WHAT THE HECK ARE THEY TEACHING THESE KIDS ANYWAY???
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