Citigroup is currently the largest bank in the United States with over US$600 billion in deposits and assets under management of over US$1.2 trillion. Citigroup’s fortunes continued to blossom during Sandy Weill’s tenure and even during the market downturn in 2002. On October 1st, 2003 Chuck Prince replaced Sandy Weill as CEO of Citigroup and for the next several years successfully continued to grow the business and achieve record profits and earnings. Citigroup’s stock continued ... ... middle of paper ... ...sj.com/article/SB122747680752551447.html. Wall Street Journal.
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Now if you a smart investor you would have invested a few years ago when we were in a recession, then you value in the Stock Market would have skyrocketed. You might not be sitting at home typing this paper now if you did, you might be making investments on companies you see a potential growth in and ... ... middle of paper ... ...y can get into it, can also be a great way to make your bank balance look large very quickly. The Stock Market is a financially smarter choice when considering alternative savings accounts, or CDs (Certificate of Deposit). The Stock Market will drop, it dropped about eighty-four years ago. If people had money to invest in the Stock Market at that time they would have been very rich when the market came back when World War II jump started the economy around the year 1939 when European countries started trading with America for supplies.