I work with data and that’s all I’m willing to relate as far as my employment is concerned.
My outlook is rather neutral to it all. I neither see the company as evil or the best thing ever. Its like any other company and Jane is like any other CEO. Is she effective? Is the question. IMHO, no, she is not. “I’m the first woman in Citi as a CEO” is a great headliner but it only goes so far. It does nothing for the bottom line on numbers and if the thinking is that the stock price were to move because of that, is quite silly. Stock prices move in accordance to demand and the POSSIBILITY of future growth. Compared to other banks, no, the demand is not there. How do you make the demand increase? Easy, its often reflected in the direction the CEO is leading us. Is it the right direction? Will the populous see the potential value Citi has to offer as a result of Jane’s leadership? The lackluster stock price says otherwise. What about buying C stock on the dip? Wouldn’t that be attractive to investors? Well, it depends on how much faith they have in the Citi leadership, Jane. Again, the lackluster stock purchasing demand says they don’t have much faith in her. Why don’t they have much faith in Jane? Great question. What has she done and what decisions has she made to instill confidence?