Posted by Bob (12.246.252.86) on September 05, 2001 at 07:27:43:
In Reply to: Re: Re: Citigroup downgrade posted by Tom P on September 05, 2001 at 03:13:19:
: I am a general agent for a mutual carrier with assets approximately 3 times that of Citigroup. As a mutual carrier, we do not have 'stock' or are subject to financial up and downs of the market. But what does that have to do with my question? I was just wondering aloud how Citigroup's tank in its stock value will affect subdivisions such as Primerica. I wasn't making a judgement either way. As I have said before on this page, the virulence of comments on here is so HOSTILE. Why is that?
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: : : I noticed Citigroups shares lost 10% of their value today on earnings warnings due financial irregularities. Isn't this the same company that's the parent of Primerica?
: : how did your company do this year. How does it compare to citigroup? Where does your corp stand on the forbes world super fifty?
: : I would bet that Citi's 10% is more money than anything you'll ever see!
: : Bob
Tom,
Sorry, this is the first time I saw this. Some people look for bad news and feel that they must be the carrier.
take care!
Bob
PS
Do some research on Mutual life companies.
Book by Norman Daisy
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