Filed under: Analyst reports , Analyst upgrades and downgrades , Other issues , Rants and raves , Market matters , Scandals , Citigroup Inc. (C) , Bank of America (BAC) , Personal finance A lot of readers have been thinking similar thoughts to someone who commented on my recent post: Chasing Value: Watch BNI — the heck with Citigroup . Donald wrote, “Why the hell would I take advice from a company, that as a whole, its Net income was US$ −27.684 billion for 2008

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Why take advice from Citigroup? Or any other analysts for that matter?