Got an alert on my Iphone this evening that CitiGroup is going to offer a new $25 preferred stock at 8.875%. Pretty juicy, considering the Index you publish is at 8.1% but are we heading back to a Buyers market already? Also, will this be going direct to the NYSE like the BBT offerings or through the Over the Counter market? They plan to raise $2B. Would like your opinion on the best way to participate in this offering? Thanks for your help over the past year as it's been most beneficial to be a subscriber to your service. Also, your website is really outstanding now!
jim
