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posted to rec.boats
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external usenet poster
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First recorded activity by BoatBanter: Jul 2006
Posts: 2,978
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Gasoline prices - another record high/ supply and demand
ACP wrote:
"basskisser" wrote in message
ups.com...
ACP wrote:
"basskisser" wrote in message
ups.com...
JoeSpareBedroom wrote:
Bassy, you know I side with you much of the time, because like me,
you're
always right. But, in this case, I have to say I'm 99.9% sure you're
either
playing games, or not getting enough sleep. NOYB said he was giving
you
AN
EXAMPLE. Do you want him to enumerate every single source of income
for
Citi?
I thoroughly understand the example. But, if you'll go back and read my
first post, to Calif Bill, you'll see that he quoted a number of 34%.
That is what I called bull**** on, and to this end, no one here who is
arguing against that, has come up with it.
basskisser wrote:
"Horse****!! How would Citigroup make a 34% profit when their interest
rates aren't even that high?????? Let alone their operating expenses!"
None of the subsequent examples in this thread of Citi's profit
percentage
has mentioned 34%. We showed you how their profits can be higher than
their
interest rates. You clearly said that was horse bleep.
That statement was in DIRECT response to this statement from Calif
Bill:
Oil makes about 16% profit. Citigroup about 34%.
Show me.
Guess you don't know what subsequent means.
Did you bother to read the response from Calif Bill posted last night at
11:32PM? In case you missed it, here's the contents:
=============================================
34% what?
http://finance.yahoo.com/q/ks?s=C
Profit Margin (ttm): 31.56%
And that equals 34%?
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