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Gasoline prices - another record high/ supply and demand
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Gasoline prices - another record high/ supply and demand
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Gasoline prices - another record high/ supply and demand
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Gasoline prices - another record high/ supply and demand
ACP wrote: "basskisser" wrote in message oups.com... ACP wrote: "basskisser" wrote in message oups.com... P. Fritz wrote: "NOYB" wrote in message ink.net... "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. Surprise surprise give it a shot, asshole. Show me how Citigroup makes profits in the range of 35%. You should really consider talking to the biggest corporations in the US, they'd love to know your secret! Here's an example of Net Income/Revenue at 25.9%. Maybe there was, maybe there wasn't a quarter where they hit 35%. Don't know, don't care. You don't seem to understand that they can possibly make greater than their domestic lending rates. They're into much more than just lending money. Link to the above data: http://www.citigroup.com/citigroup/p...04/041014a.htm Bill wasn't talking about the percentage of increase, he was talking about the percentage of profit, period. Two entirely different things. If you read the link carefully and divide the Net Income by the Revenue you will find that the results are 25.9%. I wasn't referring to year over year or sequential increases $5.31B Revenue / $20.5B = 25.9%. And that equals 34% how? |
Gasoline prices - another record high/ supply and demand
Prophesy fulfilled!
basskisser wrote: P. Fritz wrote: "Calif Bill" wrote in message ink.net... "basskisser" wrote in message ups.com... NOYB wrote: "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". Are you REALLY trying to say that Citigroup's interest rates on money lended is in the neighborhood of 35%????? Friggin' sign me up! If that's the case, then most of the biggest corps in the U.S. will be selling everything and investing in Citigroup. Better not let them in on your secret! Citigroup's profits are derived from a much larger pool of revenues than just the money they take in from their lending practices. Just what are they doing to earn back 35% or so on their money? Donald Trump would love for you to share this informatioin with him! Not all the money they are lending is theirs! Same as a bank. Pay you 1-2% on your deposit and use the rest to borrow from the federal reserve at 4% or so and loan at 6-18%. Then there are the late fees, over limit fees, origination fees, etc etc etc. Kevin once again remains clueless Fritz, care to take the $5000 challenge that I'm not Kevin? Put up, or shut up. Now, if you are referring to me, please show me where and how Citicorp made 34% profit as was stated by Bill, and that is what I called him on the carpet for. |
Gasoline prices - another record high/ supply and demand
Yeah, yeah, deny this:
84 From: basskisser - view profile Date: Sat, Jul 29 2006 9:32 am Email: "basskisser" Groups: rec.boats Not yet ratedRating: show options Reply | Reply to Author | Forward | Print | Individual Message | Show original | Report Abuse | Find messages by this author - Hide quoted text - - Show quoted text - P. Fritz wrote: "NOYB" wrote in message ink.net... "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. Surprise surprise 'give it a shot, asshole. Show me how Citigroup makes profits in the range of 35%. You should really consider talking to the biggest corporations in the US, they'd love to know your secret! " ------------------------------------------------ Don't deny what you can't ...... basskisser wrote: wrote: No but I DO get it. you DID say "give it a shot, asshole" and you're denying it. Uh, no. Sorry, dead wrong as usual. |
Gasoline prices - another record high/ supply and demand
You calling him Dennis compton, won't bother him near as much as he
does you calling yuo "kevin" basskisser wrote: wrote: JimH wrote: Hey Tim.......Kevin is not worth your time. All he wants to do is argue with folks about minutia, day in and day out. Just killfile him and move on. ;-) you're right Jim, but I'm using GoogleGroups, and they don't have kill File. Ohoh, you called him "Kevin" Now we get to wait for the $5000.00 "Put up or Shut up" routine. LOL! This is precious! JimH calls me Kevin because he's got me killfilled and thus thinks he can't be called to the mat! Hey, Dennis Compton, care to take the challenge to prove I'm not Kevin, or would you rather just ignorrantly call me someone I'm not. Killfile, in your case does nothing but prove that you think ignorance is bliss. |
Gasoline prices - another record high/ supply and demand
"basskisser" wrote in message
ups.com... NOYB wrote: "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". Are you REALLY trying to say that Citigroup's interest rates on money lended is in the neighborhood of 35%????? Friggin' sign me up! If that's the case, then most of the biggest corps in the U.S. will be selling everything and investing in Citigroup. Better not let them in on your secret! Citigroup's profits are derived from a much larger pool of revenues than just the money they take in from their lending practices. Just what are they doing to earn back 35% or so on their money? Donald Trump would love for you to share this informatioin with him! If you never default on your credit card payments, you might skip the fine print in the agreement where it describes that rates can jump to the mid-20 percent range. Prime plus some outrageous amount. Pair this with the fact that Citi does business in places where the base rate's much higher, and your question is PARTIALLY answered. They (like most banks) also invest on their own behalf, no differently than large pension funds and mutual funds. This can involve paper investments, or tangibles like real estate. |
Gasoline prices - another record high/ supply and demand
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Gasoline prices - another record high/ supply and demand
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