Sad week for Citigroup & JPM

In the past few days Citigroup has agreed to pay $2 Billion and J.P. Morgan $2.2 Billion by way of a settlement in the Enron fiasco. Egad, how did these great companies sink so low: anything for a buck.

But both have paid for their poor behaviour; both stocks are either sideways or down in the past 5 years.

In our latest Report #17 we explain why we believe Citigroup($47.41) is excessively undervalued. If you would like to see this Report just email us at fraserratings@yahoo.ca

Comments

[Jack]

I would like to receive your top five Canadian picks.

Thanks, Jack