Gasoline prices - another record high/ supply and demand
"basskisser" wrote in message
oups.com...
Calif Bill wrote:
So, was not just SUV's speeding. How many in your speeding vehicle? Oil
makes about 16% profit. Citigroup about 34%.
Horse****!! How would Citigroup make a 34% profit when their interest
rates aren't even that high?????? Let alone their operating expenses!
Citigroup earned $5.27 billion, or $1.05 a share, in the second quarter, up
from 5.07 billion, or 91 cents a share, in the quarter a year ago. Revenue
rose 10 percent, to $22.2 billion.
$5.27B divided by $22.2B = 24.4%
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