| StreetInsider.com - Insiders' Edge |  | | U.S. Taxpayers Get Screwed In Favor of Citi Shareholders | ![]() | With the Citigroup (NYSE: C) news today, the U.S. government is sending the absolutely ridiculous message to the banks that "if you let us give you more money, your stock will go up." You hear that Banc of America (NYSE: BAC), Wells Fargo (NYSE: WFC), JP Morgan (NYSE: JPM)?
It should be the reverse. Citi shareholders should be wiped out. Taxpayers are getting screwed --- again! Hey Citi:
- I don't want to guarantee $306 billion of your junk assets.
- I don't want warrants to buy your penny-stock with a ridiculous strike price of $10.61, when your stock closed at $3.77 on Friday.
- I don't want a measly 8% dividend on the preferred stock, when the going rate in the market, set by Mr. Warren Buffett is 10% (via GS and GE).
CONTINUED >>>>
More Insider Blog: http://www.streetinsider.com/Insiders+Blog
FREE RSS Feed: http://www.streetinsider.com/freefeed.php?cid=6 | | | 
| Insider Trade of the Day - Cypress Semi (CY) After the close Friday, Cypress Semiconductor (NYSE: CY) Co-Founder/CEO Dr. T. J. Rodgers disclosed he purchased 1,102,000 shares of the common stock in the open market from 11/19-11/20 at prices from $3.00-$3.12. More Stock Buybacks: http://www.streetinsider.com/Insider+Trades FREE RSS Feed: http://www.streetinsider.com/freefeed.php?cid=25 | | 
| | Upgrade To Watch - Sanofi-Aventis (SNY) Morgan Stanley upgrades Sanofi-Aventis (NYSE: SNY) from Equalweight to Overweight. More Upgrades: http://www.streetinsider.com/Upgrades FREE Upgrade RSS: http://www.streetinsider.com/freefeed.php?cid=9 |  | | 
| | Keep up with all the breaking, market-moving news on Wall Street with StreetInsider.com Premium. $29 per month, $80 for 90 days, $150 for 180 days, or $250 per year. UPGRADE TO STREETINSIDER.COM PREMIUM | | | | | | | |
To unsubscribe/change profile: click here
To subscribe: click here
Our address: 725 S. Adams Suite 287
Birmingham, Michigan 48009
Email list management powered by http://MailerMailer.com
