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Market Capitalization - very scarily

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by Quemu, Feb 24, 2009.

  1. Quemu

    Quemu JF-Expert Member

    #1
    Feb 24, 2009
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    This picture appeared in my hometown Sunday's Newspaper. I thought this picture was incredibly telling....a good picture of the Banking environment today vs. two years ago. The chart shows the Market Capitalization of the biggest Banks in 2007.....and then, today.

    Market Capitalization measures what a company is worth; i.e. it's value as defined by the total value of its stock....and is computed by multiplying the total # of shares outstanding of a given company by their current price per share.

    Look at how all the big Banks have declined materially since 2007....!!!

    [​IMG]
    If can't see the numbers clearly, view the attachment below
     

    Attached Files:

  2. B101

    B101 Member

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    Feb 24, 2009
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    Pretty scary indeed, look at Citigroup figures!
     
  3. M

    MzalendoHalisi JF-Expert Member

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    Feb 24, 2009
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    What has gone wrong?

    were the 2007 values real or overestimation?
     
  4. Kang

    Kang JF-Expert Member

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    Feb 25, 2009
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    That's why its called funny money, one moment its here the next its not.
     
  5. K

    Kifimbocheza JF-Expert Member

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    Feb 25, 2009
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    That is Global Financial Crisis.............huku tunasema haiwezi kutuadhiri............Ndullu Baba Umelogwa.....haya Mkullo naye jana anasema vivyo hivyo

    Hao ndio Wachumi Wetu Bwana
     
  6. Quemu

    Quemu JF-Expert Member

    #6
    Feb 27, 2009
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    Swali: Would you consider a job offer from Citi....at the moment? Well, assume that you're not jobless or not going to be anytime soon.
     
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