Citi's CFO Stupidly Says Share Price Doesn't Matter

(alleyinsider.com)

Search IEHI news archive:
 

2008-11-21

"Does Citigroup's chief financial officer Gary Crittenden really believe that the bank's share price doesn't affect its ability to operate? If so, he should study some financial history. Shareholder confidence matters for banks because when shareholders panic, depositors panic next"

original article | permalink to this