Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $35,069
43%  
Woo hoo!! And we're now over 43%!! Thank you all very much!! God bless.

Keyword: deleverage

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  • The Great Unwind has begun, Citigroup warns (de-leveraging sweep)

    03/20/2008 10:13:12 AM PDT · by TigerLikesRooster · 31 replies · 1,492+ views
    Market Watch ^ | 03/19/08 | Alistair Barr,
    The Great Unwind has begun, Citigroup warns Avoid leveraged companies, countries and consumers, bank's strategists say By Alistair Barr, MarketWatch Last update: 9:51 p.m. EDT March 19, 2008 SAN FRANCISCO (MarketWatch) -- The Great Unwind has begun, Citigroup Inc. strategists warned on Wednesday. As markets and economies de-leverage across the globe, investors should avoid companies and countries that have grown to rely too much on borrowed money, they said. That means favoring public-equity markets over hedge funds, private-equity and real estate, while leaning toward emerging market countries and away from developed nations like the U.S., the bank's global equity strategy...