Why Citigroup Inc. (C) Is Making Me Nervous

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But speaking as someone who has yet to put any money into B of A, because I don’t believe the bank has exorcised the last of its crisis-related demons, I have to say that Gerspach’s comments don’t fill me with the sort of confidence I need to dial up my broker and tell him to buy Citi. In fact, these mixed signals the bank is sending make me even more wary of this obviously still-troubled bank.

Straighten out Citigroup’s books once and for all, Mr. Gerspach, and the investment dollars will follow. That’s about as simple and straightforward a message as I can send.

The article Why Citigroup Is Making Me Nervous originally appeared on Fool.com and is written by John Grgurich.

Fool contributor John Grgurich has no positions in any of the stocks mentioned. Follow John’s dispatches from the bleeding heart of capitalism on Twitter @TMFGrgurich. The Motley Fool owns shares of Bank of America and Citigroup.

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