Comments on: Will Citigroup Swim With the Fishes? http://www.jodyeisenman.com/2008/11/will-citigroup-swim-with-the-fishes/ Words of insight on the financial markets from the CEO of Perrin, Holden & Davenport Capital. Tue, 25 May 2010 20:16:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: jody http://www.jodyeisenman.com/2008/11/will-citigroup-swim-with-the-fishes/comment-page-1/#comment-49 jody Wed, 26 Nov 2008 15:19:33 +0000 http://www.jodyeisenman.com/2008/11/23/will-citigroup-swim-with-the-fishes/#comment-49 I agree that these funds should not be used for the stadium. However they may be under contractual obligation. I agree that these funds should not be used for the stadium. However they may be under contractual obligation.

]]> By: NYC Taxpayer http://www.jodyeisenman.com/2008/11/will-citigroup-swim-with-the-fishes/comment-page-1/#comment-48 NYC Taxpayer Wed, 26 Nov 2008 01:37:01 +0000 http://www.jodyeisenman.com/2008/11/23/will-citigroup-swim-with-the-fishes/#comment-48 Citi is sponsoring the New York Mets and their brand-spanking-new state-of-the-art baseball stadium (CitiField) - to the tune of $400M over 20 years. Should the Fed be using American taxpayers' dollars to fund such unnecessarily lavish projects? Is it fair to ask American taxpayers to cover the construction costs of the Mets new ballpark? Furthermore, what does this say about the Yankees new stadium? Aren't they relying even more heavily on hard-working taxpaying New Yorkers to fund "The House that Form 1040 Built?" I'd be very much interested in reading some intelligent investigative reporting from an objective source who explores the true sources of funding for these two MLB stadiums, and which one is ultimately unloading a greater financial burden on the hard-working shoulders of your average tax-paying American/New Yorker. Citi is sponsoring the New York Mets and their brand-spanking-new state-of-the-art baseball stadium (CitiField) – to the tune of $400M over 20 years.

Should the Fed be using American taxpayers’ dollars to fund such unnecessarily lavish projects? Is it fair to ask American taxpayers to cover the construction costs of the Mets new ballpark?

Furthermore, what does this say about the Yankees new stadium? Aren’t they relying even more heavily on hard-working taxpaying New Yorkers to fund “The House that Form 1040 Built?”

I’d be very much interested in reading some intelligent investigative reporting from an objective source who explores the true sources of funding for these two MLB stadiums, and which one is ultimately unloading a greater financial burden on the hard-working shoulders of your average tax-paying American/New Yorker.

]]> By: Paul http://www.jodyeisenman.com/2008/11/will-citigroup-swim-with-the-fishes/comment-page-1/#comment-46 Paul Mon, 24 Nov 2008 02:53:16 +0000 http://www.jodyeisenman.com/2008/11/23/will-citigroup-swim-with-the-fishes/#comment-46 I'm not particularly in tune with the market, but I do believe that the market has its rallies on Friday because nobody wants to be depressed and panicy over the weekend. I believe the market will continue it's downward descent this week (as an average), and another rally will occur on Friday, in the last 2 hours of trading, as it has for the past few weeks. Wrt. Citi, I think it might get split up and distributed to US Bancorp and perhaps other takers. I would hope that JP Morgan won't touch it because they already have enough toxicity on their books to work off. I’m not particularly in tune with the market, but I do believe that the market has its rallies on Friday because nobody wants to be depressed and panicy over the weekend. I believe the market will continue it’s downward descent this week (as an average), and another rally will occur on Friday, in the last 2 hours of trading, as it has for the past few weeks.

Wrt. Citi, I think it might get split up and distributed to US Bancorp and perhaps other takers. I would hope that JP Morgan won’t touch it because they already have enough toxicity on their books to work off.

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