Because Citigroup (now owned by the US government) posted a profit
|BBC Global 30||
And here in Ireland …
Anyone got any ideas? Not really …
And, by the way, so far losses in the US stock markets alone; $ 11 trillion!
Stocks have lost $11 trillion in market value since the October 2007 peak, according to Marketwatch. This is based on the Dow Jones Wilshire 5000 index, which includes nearly every U.S.-listed stock. Losses since the start of 2009 are $2.6 trillion. Nearly half of all stocks in the index are now trading at less than $5, and 37% are under $3.