Citigroup Showing Profits!

This morning I read that Citigroup is showing a profit the first 2 months of this quarter. I almost fell out of my chair when I read that. But that’s what CEO Vikram Pandit. He said that Citi had an operating profit of $8.3 billion before taxes and special items. If they can end the quarter with a profit this could show that we made the turn on the recession. And if we did make that turn things will start to get much better. Citi hasn’t shown a profit since 2007 when the recession started. Hopefully other banks and businesses will start to follow suit and show profits. And this time save the profits, build a huge cash reserve instead of blowing it on trips and unwarranted bonuses. And most importantly, pay us (taxpayers) our money back or we’ll foreclose on your bank.