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What Happens to Citi's Other Crown Jewel

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Jan 19, 2009 8:09 pm

Soothsayer

Joined: 2005-02-24Offline

I know Smith Barney merges with Morgan Stanley, the bank brokers stay put; but, what happens with Primerica?  Just wondering.

Jan 19, 2009 8:40 pm

mnbondguy

Joined: 2008-05-13Offline

It is going to be part of Citi holdings…i.e. the bad bank.

Jan 20, 2009 2:00 am

today1

Joined: 2008-05-08Offline

word is they are spinning it off into a crap hole.

Jan 20, 2009 5:08 pm

Bodysurf

Joined: 2008-08-03Offline

They should shop it to Bank of America.  They’re in the recycling  business.