Citi | Avondale Asset Management

25 Jul 2012

Did the Repeal of Glass Steagall Cause the Financial Crisis?

by Scott Krisiloff | posted in: Banking, Banking System, Citi, Citigroup, Financial Crisis, Financials, US Banking | 0

Sandy Weill, former CEO of Citigroup caused a stir today by commenting that Glass Steagall should be reinstated. Since he is the person who pioneered the integrated banking model, the comments are shocking. The comments are puzzling too because even … Continued

16 Jul 2012

Citi 2Q12 Conference Call Summary

by Scott Krisiloff | posted in: Citi, Citigroup, Conference Call, Earnings, Earnings Call, Notes | 0

Quotes of interest pulled from the C 2Q12 call: On a macro level, we believe the euro zone overhang will continue. Our on the ground sense of the emerging markets leaves us more positive than we were a few months … Continued