Gasoline prices - another record high/ supply and demand
"basskisser" wrote in message
oups.com...
NOYB wrote:
"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!
LOL. You really are clueless.
Well, then SHOW ME where Citigroup has made 34% profit.
They made 18.8% profit. But that's beside the point. You stated that
"their interest rates aren't even that high"...implying that they could earn
a profit that was only as high as their interest rate (whatever that is).
This shows ignorance on multi-levels.
There is an enormous range in Citigroup's lending rates. There is no such
thing as "their interest rate".
Citigroup's profits are derived from a much larger pool of revenues than
just the money they take in from their lending practices.
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