It’s hard to believe, but the market actually finished up after swinging wildly all day. The Dow gained about 150 points, and the S&P rallied about 1%. The sick man on Wall Street was once again Citigroup (C), which has established a patter of badly underperforming the markets. The stock fell 5% today, and for a while was sub-$8. If there was any doubt that Vikram Pandit totally botched it on Monday, look no further. than the company’s performance since then.
Citi Management Blows It Again
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