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Citigroup debt may be volatile after TARP repay. Chartpoppers.com releases a Investment Overview on Citigroup Inc.

(CHARTPOPPERS.COM, December 16, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Citigroup Inc. (NYSE: C)

The Consolidated Investment Analysis on Citigroup Inc. (NYSE: C) will be in particular interest to other competing companys within in its sector, such as Bank of America (NYSE: BAC), JP Morgan Chase ( NYSE: JPM) and Ameican International Group (NYSE: AIG)

Citigroup Inc. (Citigroup), incorporated in 1988, is a global diversified financial services holding company. The Company is engaged in providing a range of financial services to consumers and corporate customers. As of May 4, 2009, Citigroup had more than 200 million customer accounts and did business in more than 140 countries.

Recent News on Citigroup Inc. (NYSE: C)

Citigroup's (C.N) bondsrallied on Tuesday on news the bank has struck a plan to repay government money, and while its debt may have more upside, concerns over continuing loan losses is likely to keep its credit spreads volatile.
Under the deal, Citigroup will immediately sell $17 billion of common stock and about $3.5 billion of securities that turn into common shares in three years. The government will stop guaranteeing a pool of toxic assets against excessive losses, and will sell the nearly $30 billion in shares it owns.
The cost of insuring Citigroup's debt with credit default swaps fell to around 138 basis points on Tuesday, from 159 basis points before the news, according to Markit. The swaps have rallied from 200 basis points a week ago and more than 450 basis points in June.
"I think there was a bit of a surprise at how extensive the agreement with the government is, not just the repayment of TARP and removal of the loss sharing but also the complete exit of the government," said Ricardo Kleinbaum, trading sector specialist at BNP Paribas in New York.
Citigroup borrowed $45 billion under the Troubled Asset Relief Program (TARP), $25 billion of which was converted into common stock that is now worth nearly $30 billion.
Removing the government influence on the bank will have a number of positive effects, however; ending the loss-sharing program will raise risks around the bank's remaining credit exposures, analysts said.


To view the Consolidated Investment Analysis on Citigroup Inc. (NYSE: C) Please visit the stock pulse page at www.chartpoppers.com

In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.

The full report is available at www.chartpoppers.com

Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. Our diligent effort is to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas and penny picks to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.

For More information please visit us at www.chartpoppers.com/about/

Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.



CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com


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