Wednesday, October 29, 2008

Lack of Influence in CitiGroup

http://money.cnn.com/2008/10/29/news/companies/citigroup/index.htm?postversion=2008102915

What now, Citigroup?

That is the biggest question that investors are itching to have answered by the nation's fourth largest bank by deposits


My Response: When your investor begin to lose faith in a company, the company begins to lose the influence they hold over these individuals. With the struggle economy, they don't believe the CitiGroup has what it takes to survive. CitiGroup needs to find a way to secure their investors and show them why they began to support them in the first place.

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