Originally Posted by melwoesblvd
greece is going down, citi is going down with it. i hope it gets to around 2.50 again. but realistically i think it will stay around 5 for a few months now
Most PIIGS debt is in the hands of Europeans. American banks aren't that connected to Greece and the rest of PIIGS, not like European banks.
Citi is a piece of crap bank, but when you have the backing of the government, they won't fail. I advocated...