So Much For The Whole Stock Bonus Theater: Citigroup Employees Can Sell Their Bonus Shares In The Open Market... In APRIL

Tyler Durden's picture




 
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Wed, 01/27/2010 - 13:31 | 207798 deadhead
deadhead's picture

The Treasury will probably hold our 34% for.......ever.

Wed, 01/27/2010 - 13:36 | 207812 AN0NYM0US
AN0NYM0US's picture

here is the free version of the Bloomberg clip from earlier today where Shiller discusses the prospects for a Double Dip

 

http://media.bloomberg.com/bb/avfile/News/Surveillance/v701s3ciiGZc.mp3

Wed, 01/27/2010 - 13:42 | 207829 Tommy
Tommy's picture

So we just load up on puts a little further out then the employee lock-ups.

Thanks for the heads up 

:^)

 

Wed, 01/27/2010 - 13:51 | 207856 10044
10044's picture

One can only hope C will be a penny come April

Thu, 01/28/2010 - 03:38 | 208883 Rick64
Rick64's picture

Yea that would be poetic justice

Wed, 01/27/2010 - 13:59 | 207873 Anonymous
Anonymous's picture

Here's another kicker...the price where Citi employees can sell in April is already locked in! They have no markey risk.

Wed, 01/27/2010 - 14:03 | 207887 jakeman
jakeman's picture

Well, knock me over with a freakin' feather.

Wed, 01/27/2010 - 14:46 | 207992 Leo Kolivakis
Leo Kolivakis's picture

LOL, sort of like security theater at the airport!

Wed, 01/27/2010 - 15:01 | 208031 Astute Investor
Astute Investor's picture

3-month restrictive stock = long-term incentive???

Wed, 01/27/2010 - 15:22 | 208083 bugs_
bugs_'s picture

All liquidity courtesy of the US Taxpayer.

Wed, 01/27/2010 - 18:25 | 208363 Mr Lennon Hendrix
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Citigroup employees can sell stock received as part of their bonuses as early as April.......................and they will.

 

Wed, 01/27/2010 - 23:18 | 208672 Doc Brown
Doc Brown's picture

Information directly from friends of mine

employed at Citi who were informed a week or so

ago of their compensation, unless they did not understand what they were told, I would recheck your

facts including that 100,000 cash number. Even if they could sell stock in the

open market in April why would they sell at the lows? Because

they believe the company is worth zero as an ongoing enterprise plus it's asset liquidation value and the stock price is going to zero?

Sun, 06/05/2011 - 08:19 | 1340897 sun1
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