"basskisser" wrote in message
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P. Fritz wrote:
"NOYB" wrote in message
ink.net...

"basskisser" wrote in message
oups.com...

NOYB wrote:
"basskisser" wrote in message
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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