“”We have seen the heads of virtually all financial institutions stand up over the last few months and claim the worst is behind us.
Its called a kitchen sink quarter. Funny how every quarter for the last 3 has been one. No big banks have been put in receivership, nobody has forced the fraud out into the open and the worst of the credit crunch hasn’t even hit yet. There is not a snowballs chance in hell we are done with this, Citibank is still in business.
