Shitty Assets Doomed CitiBank

Citibank finally is having its eponymous moment, being shitty and all. Fear not, the stock market is staging a upward swing like a sneer at Citi. Oh well, just when I am in the mid of typing up this great post, the index is have a turn around, OKAY, back up again. There is really no logical explanation to the intra day market movement except the trend is really a downward death spiral I would say. With the bailout money from the US government, hopefully comes February, Citi and all the banks would have enough money to pay out bonuses to CEOs and senior officials for a job well done.